CFR > Title 20 - Employees' Benefits > CHAPTER II—RAILROAD RETIREMENT BOARD > SUBCHAPTER B—REGULATIONS UNDER THE RAILROAD RETIREMENT ACT (parts 201 to 295) > PART 211—CREDITABLE RAILROAD COMPENSATION > 211.4—Vacation pay.

211.4—Vacation pay.

Payments made to an employee with respect to vacation or holidays shall be considered creditable compensation whether or not the employee takes the vacation or holiday.

Code of Federal Regulations

[58 FR 45251, Aug. 27, 1993]