45 USC § 231o - Private pensions

---
identifier: "/us/usc/t45/s231o"
source: "usc"
legal_status: "official_prima_facie"
title: "45 USC § 231o - Private pensions"
title_number: 45
title_name: "RAILROADS"
section_number: "231o"
section_name: "Private pensions"
chapter_number: 9
chapter_name: "RETIREMENT OF RAILROAD EMPLOYEES"
subchapter_number: "IV"
subchapter_name: "RAILROAD RETIREMENT ACT OF 1974"
positive_law: false
currency: "119-84"
last_updated: "2024-06-14"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Aug. 29, 1935, ch. 812, § 16, as restated June 24, 1937, ch. 382, pt. I, 50 Stat. 307, as restated Pub. L. 93–445, title I, § 101, Oct. 16, 1974, 88 Stat. 1349.)"
---


# § 231o. Private pensions

section 231a(b) of this title

Nothing in this subchapter shall be taken as restricting or discouraging payment by employers to retired employees of pensions or gratuities in addition to the annuities paid to such employees under this subchapter, nor shall this subchapter be taken as terminating any trust heretofore created for the payment of such pensions or gratuities. The annuity, except a supplemental annuity under , of an individual shall not be reduced on account of any pension or gratuity paid by an employer to such individual.

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**Source Credit**: (Aug. 29, 1935, ch. 812, § 16, as restated June 24, 1937, ch. 382, pt. I, 50 Stat. 307, as restated Pub. L. 93–445, title I, § 101, Oct. 16, 1974, 88 Stat. 1349.)