Sample case 21

Shows use of 4 projection parameters.

Description

• Male disability benefit, July 2018
• born January 15, 1973
• disability onset January 10, 2018
• earnings: $60,000 in 2003, projected backward by 6% constant decrease to 1993, projected forward by 5% constant increase to 2018
• user-specified benefit increases after December 2016: 3%
• user-specified average wage increases after 2015: 4%

Result

• PIA = $2,683.60
• MBA = $2,683.00