getPiaBendPtsSet: Return the _Primary Insurance Amount Bend Points_ data set.

Description Usage Arguments Value Examples

View source: R/parameters.R

Description

The Primary Insurance Amount (PIA) is the base value of a worker's OASDI at full retirement age. It is calculated by summing three separate percentages of portions of the worker's Average Indexed Monthly earnings (AIME). The portions depend on the year in which a worker attains age 62, becomes disabled before age 62, or dies before attaining age 62. The threshold points that determine the portions of a worker's AIME that apply to each percentage are called the PIA bend points. PIA bend points are based on the Average Wage Index (AWI), using the AWI for 1977 as the reference year. The Social Security web site shows an example of how to calculate these points.

Usage

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Arguments

endYear

the last year to include in the returned data set

Value

the primary insurance amount bend point data set

Examples

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twjacobs/oasdir documentation built on July 28, 2019, 5:51 a.m.