John had excess earnings of $720 and their spouse, Ada, had excess earnings of $150.
Ada was also entitled on their own ER.
Original rates on John's ER
A(John)
|
$240 (2/4)
|
B(Ada)
|
$120 (1/4)
|
C
|
$120 (1/4)
|
Total
|
$480
|
Benefits on Ada's ER
Benefits payable on John's ER
A(John)
|
$240
|
B(Ada)
|
$ 10
|
|
($120-110)
|
C
|
$120
|
Total
|
$370
|
Amount of John's excess charged to January benefits
A(John)
|
$240
|
B(Ada)
|
$ 10
|
C
|
$120
|
Total
|
$370
|
Partial benefits for February after charging John's remaining excess of $350
A
|
$10
|
B
|
$ 5
|
C
|
$ 5
|
Total
|
$20
|
($370 minus 350 = $20 prorated on the basis of 4 shares)
How to charge Ada's excess earnings from January-February
Charge Ada's total excess of $150 against their own monthly rate of $110 for January
because John and the family are subject to a deduction because of John's work. In
February, because of John's fully charged excess and there is money left to pay, charge
Ada's excess against the total of their A and B benefit of $115 (their benefit of
$110 plus the $5 payable to them on John's account). Ada's remaining excess is $35.
Since there is another beneficiary besides the two workers, apportion the amount for
February. For information on a beneficiary entitled on two earnings records and only
the beneficiary with simultaneous entitlement has excess earnings, see RS 02501.145.
B (ADA)
|
January 0 plus February $3.30 payable
|
|
5/115 x $40 = $1.70
$5.00-$1.70 = $3.30
|
(ADA) February $110 plus $36.70 = $150
Partial benefit payable for February
A (John) $10
B (Ada) $1 ($1.70 rounded down to the nearest dollar)
A (Ada) $73 rounded ($73.30 rounded)