An alternative method of computing a reduced widow (er) benefit eliminates the use
of the different fractions. It requires the use of the total possible RF for each
claimant based on his or her date of birth. That number will vary from 60 to 84. That
method is:
(OB or Unreduced Benefit) x RF x .285 = MAR
Total possible RF for claimant's date of birth
Round the result up to the next dime for benefits after 5/82 and down to the next
dime for benefits prior to 6/82. The result is the amount of reduction. Subtract the
MAR from the OB for the amount payable
EXAMPLE: A widow born on 6/15/1940 is entitled beginning 7/2002. Her FRA is age 65 + 2. Her
RF is 37 while the total possible RF is 62. The OB is $987.60.
Using the above formula:
$987.60 x 37 x .285 = 167.97 rounded up = 168.00
62
$987.60 – 168.00 = $819.60 payable