RS 00630: Monthly Benefit Amount Computations with Limited Applicability
TN 3 (04-12)
How to determine separate reduction of increases before 1978
Follow these steps to determine separate reduction of increases effective before 1978:
Step |
Action |
|---|---|
1 |
Determine the amount that the benefit has increased. |
|
2 |
Reduce the amount of the increase by the reduction factor from the effective date of the increase to age 65. |
|
3 |
Add the reduced increase amount to the benefit amount that was in effect the month before the increase. |