§ 4022.25 Five-year phase-in of benefit guarantee.

(a) Scope. This section applies to the guarantee of benefit increases which have been in effect for less than five years.

(b) Phase-in formula. The amount of a benefit increase computed pursuant to § 4022.24 shall be guaranteed to the extent provided in the following formula: the number of years the benefit increase has been in effect, not to exceed five, multiplied by the greater of (1) 20 percent of the amount computed pursuant to § 4022.24; or (2) $20 per month.