Effective Dates: 09/16/2002 - Present Previous | Next

TN 24 (09-02)

RS 00615.490 Computing the RIB or Spouse Benefit (Single Entitlement) — Reduction Factor Adjustment

A. POLICY

These adjustments are effective at FRA.

B. PROCEDURE - COMPUTING THE ARF

1. Initial Entitlement 1/78 or Later

  • •

    Determine crediting months.

  • •

    Subtract from original reduction factor.

  • •

    Apply result to PIA (or unreduced spouse's benefit).

2. Initial Entitlement Prior to 1/78-Reduction Factor Adjustment 1/78 or Later

  • •

    Subtract the MBA from the PIA or unreduced spouse's benefit = CMAR.

  • •

    Determine ORF and ARF.

  • •

    NMAR = CMAR X ARF

          ORF

  • •

    Subtract NMAR from the PIA or unreduced spouses benefit.

3. Reduction Factor Adjustment Prior to 1/78

  • •

    Refigure the rates from the original entitlement date.

  • •

    Reduce each increase separately (see RS 00630.100).

  • •

    Subtract crediting months occurring from the date of increase to age 65 from the original reduction factor.

To Link to this section - Use this URL:
http://policy.ssa.gov/poms.nsf/lnx/0300615490
RS 00615.490 - Computing the RIB or Spouse Benefit (Single Entitlement) — Reduction Factor Adjustment - 09/16/2002
Batch run: 02/21/2013
Rev:09/16/2002