§ 228.13 - Computation of the tier I annuity component of a parent's insurance annuity.

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The tier I annuity component of a parent's insurance annuity is dependent on whether one or two parents are entitled.

One parent entitled. A parent's tier I annuity component is equal to 821/2 percent of the PIA computed under § 228.10 of this part.

More than one parent entitled. A parent's tier I annuity component is equal to 75 percent of the PIA computed under § 228.10 of this part.

The amounts computed under paragraph (a) or (b) of this section may be adjusted for the family maximum. See § 228.14 of this part.