Sample case 25
Shows entered earnings, non-applicability of non-covered pension offset, retirement at exact age 62. Compare to sample case 4, where the non-covered pension entitlement date is at or before the Social Security benefit entitlement date. (The benefit in this case would be reduced beginning in October 2022.)
Description
- Male old-age benefit, September 2022
- born September 2, 1960
- retired at exact age 62
- earnings of $2000 in 1981-90, $4000 in 1991-2000, $6000 in 2001-10, $8000 in 2011-20
- no benefit increases after December 2016
- no average wage change after 2015
- monthly non-covered pension of $1500 starting October 2022
Result