20 CFR 404.210 - Average-indexed-monthly-earnings method.
(a)Who is eligible for this method. If after 1978, you reach age 62, or become disabled or die before age 62, we will compute your primary insurance amount under the average-indexed-monthly-earnings method.
(b)Steps in computing your primary insurance amount under the average-indexed-monthly-earnings method. We follow these three major steps in computing your primary insurance amount:
(1) First, we find your average indexed monthly earnings, as described in § 404.211;
(4) Next, we apply any automatic cost-of-living or ad hoc increases in primary insurance amounts that became effective in or after the year you reached age 62, unless you are receiving benefits based on the minimum primary insurance amount, in which case not all the increases may be applied, as described in § 404.277.
- 20 CFR 404.204 — Methods of Computing Primary Insurance Amounts - General.
- 20 CFR 404.233 — Adjustment of Your Guaranteed Alternative When You Become Entitled After Age 62.
- 20 CFR 404.201 — What Is Included in This Subpart?
- 20 CFR 404.1918 — How Benefits Are Computed.
- 20 CFR 404.277 — When Does the Frozen Minimum Primary Insurance Amount Increase Because of Cost-Of-Living Adjustments?
- 20 CFR 404.284 — Recomputations for People Who Reach Age 62, or Become Disabled, or Die Before Age 62 After 1978.