For persons eligible for benefits before 1979, or for deaths prior to 1979, benefits are determined on the basis of Primary Insurance Amounts (PIAs) given either by tables or, for years prior to 1959, by formulas.

Benefits in 2025 reflect subsequent automatic benefit increases (if any). The table shows Average Indexed Monthly Earnings (AIME) —an amount that summarizes a person's earnings—and the corresponding monthly benefit amounts. Retirement at age 70 produces the highest ratio of retirement benefit to AIME.

We illustrate the calculation of retirement benefits using two examples, labeled case A and case B. In each case, the worker retires in 2025. Case A, born in 1963, retires at age 62. Case B, born in 1959, retires at his normal (or full) retirement age.

SCHEDULE OF SOCIAL SECURITY (SS) AND WORKERS’ INVESTMENT AND SAVINGS PROGRAMS (WISP) CONTRIBUTIONS

The Singapore Standard Educational Classification (SSEC) is a classification of educational programmes and qualifications and is used for surveys and administrative databases. It is reviewed periodically to reflect developments in the education system as well as initiatives in workforce education and upgrading.

The Singapore Standard Educational Classification (SSEC) is the national standard for classifying educational programmes and qualifications. The SSEC 2020 is the fourth version of the SSEC and supersedes the first version.

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2020年10月11日 · When the Social Security Administration (SSA) calculates a workers' monthly retirement benefit, they do so by taking into account their 35 highest-earning, inflation-adjusted years.

Here are the key SSS contribution rates to remember: The 2025 SSS Contribution Table outlines the specific rates for different member types, with contribution amounts calculated based on Monthly Salary Credit (MSC) ranges. As you review the table, you’ll notice that the contribution rates vary depending on your monthly salary.

Social Security benefits are typically computed using "average indexed monthly earnings." This average summarizes up to 35 years of a worker's indexed earnings. We apply a formula to this average to compute the primary insurance amount (PIA). The PIA is the basis for the benefits that are paid to an individual.