TN 24 (09-02)
RS 00615.490 Computing the RIB or Spouse Benefit (Single Entitlement) — Reduction Factor Adjustment
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
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.