20 C.F.R. § 404.231 Steps in computing your primary insurance amount under the guaranteed alternative—general.
Title 20 - Employees' Benefits
If you reach age 62 after 1978 but before 1984, we follow three major steps in finding your guaranteed alternative: (a) First, we compute your average monthly wage, as described in §404.232; (b) Second, we find the primary insurance amount that corresponds to your average monthly wage in the benefit table in appendix III. (c) Then we apply any automatic cost-of-living or ad hoc increases in primary insurance amounts that have become effective in or after the year you reached age 62.
Title 20: Employees' Benefits
PART 404—FEDERAL OLD-AGE, SURVIVORS AND DISABILITY INSURANCE (1950– )
Subpart C—Computing Primary Insurance Amounts
Guaranteed Alternative for People Reaching Age 62 After 1978 but Before 1984
§ 404.231 Steps in computing your primary insurance amount under the guaranteed alternative—general.
