20 CFR 404.230 - Guaranteed alternative.
(a)General. If you reach age 62 after 1978 but before 1984, we compute your primary insurance amount under a modified average-monthly-wage method as a guaranteed alternative to your primary insurance amount computed under the average-indexed-monthly-earnings method. We also compute your primary insurance amount under the old-start method ( §§ 404.240 through 404.242) and under the special rules for a person who had a period of disability ( §§ 404.250 through 404.252), if you are eligible. In §§ 404.231 through 404.233, we explain the average-monthly-wage method as the alternative to the average-indexed-monthly-earnings method.
(2) You or your survivors do not qualify for a guaranteed-alternative computation if you were eligible (you attained age 62, became disabled, or died before age 62) for social security benefits based on your own earnings at any time before 1979 unless -
(3) This guaranteed alternative method applies only to old-age insurance benefits and to survivor benefits where the deceased worker reached the month of his or her 62nd birthday after 1978 but before 1984 and died after reaching age 62.
- 20 CFR 404.222 — Use of Benefit Table in Finding Your Primary Insurance Amount From Your Average Monthly Wage.
- 20 CFR 404.204 — Methods of Computing Primary Insurance Amounts - General.
- 20 CFR 404.201 — What Is Included in This Subpart?
- 20 CFR 404.240 — Old-Start Method - General.
- 20 CFR 404.242 — Use of Old-Start Primary Insurance Amount as Guaranteed Alternative.
- 20 CFR 404.220 — Average-Monthly-Wage Method.