RS 00630: Monthly Benefit Amount Computations with Limited Applicability
TN 4 (05-12)
For WIB and RIB entitlement established before 01/1973, we reduced the RIB by the method described in RS 00615.160, except we derived the carry-over reduction in RIB (method IIA) money amount of reduction (MAR) using:
82 1/2 percent of the primary insurance amount (PIA);
5/9 of 1 percent reduction for months of WIB entitlement age 60-62; and
43/198 of 1 percent reduction for months of WIB entitlement age 50-60.
If we computed the RIB after 12/1972, we refigured the RIB reduction due to prior reduced WIB entitlement under the 1972 amendment provision.