Average wages. B4.1.4(a)(i) An employee whose ordinary hours are more or less than 38 in any particular week of a work cycle, will be paid on the basis of an average of 38 ordinary hours so as to avoid fluctuating wage payments each week.
Average wages. 6.1.4(a)(i) An Employee whose ordinary hours are more or less than 38 in any particular week of a work cycle, will be paid on the basis of an average of 38 ordinary hours so as to avoid fluctuating wage payments each week.
Average wages. An employer may elect to pay an employee whose ordinary hours may be more or less than 38 in any particular week of a work cycle, to be paid on the basis of an average of 38 ordinary hours so as to avoid fluctuating wage payments in each pay period.
Average wages. The average wage for calendar year 1976 w as previously determined to be $9,226.48. This was published in the Federal Register on December 29,1978, at 43 FR 61016. The average wage for calendar year 1989 has been determined to be $20,099.55 as stated above.
Average wages. The average wage for 1989, as determined above, is $10,099.55. Therefore, the ratio of the average wages for 1989, $20,099.55, compared to that for 1988, $19,334.04, is 1.0395939. Exem pt Amount for Beneficiaries Aged 65 through 69. Multiplying the 1990 retirement earnings test monthly exempt amount of $780 by the ratio of 1.0395939 produces the amount of $810.88. This must then be rounded to $810. The retirement earnings test monthly exempt amount for beneficiaries aged 65 through 69 is determined to be $810 for 1991. The corresponding retirement earnings test annual exempt amount for these beneficiaries is $9,720.
Average wages. The average wage for 1989, as determined above, is $20,099.55. Therefore, the ratio of the average wages for 1989, $20,099.55, compared to that of 1988, $19,334.04, is 1.0395939. Exem pt Am ount for Beneficiaries Under Age 65. Multiplying the 1990 retirement earnings test monthly exempt amount of $570 by the ratio 1.03955939 produces the amount of $592.57. This must then be rounded to $590. The retirement earnings test monthly exempt amount for beneficiaries under age 65 is thus determined to be $590 for 1991. The corresponding retirement earnings test annual exempt amount tor these beneficiaries is $7,080. Computing Benefits After 1978 General. The Social Security Amendments of 1977 provided a new Fed e r a l R eg ister / Vol. 55, N o. 211 / W ed n esd a y , O cto b er 31, 1990 / N o t ices 45859 method for determining an individual’s primary insurance am ount This method uses a formula based on "wage indexing” and w as fully explained with interim regulations and final regulations published in the Federal Register on December 29.1978, at 43 FR 60877 and July 15,1982, at 47 FR 30731 respectively. It generally applies when a worker after 1978 attains age 62, becom es disabled, or dies before age 62. The formula uses the worker’s earnings after they have been adjusted, or “indexed,” in proportion to the increase in average wages of all workers. Using this method, we determine the worker’s “average indexed monthly earnings.” W e then compute the primary insurance amount, using the worker's average indexed monthly earnings. The computation formula is adjusted automatically each year to reflect changes in general wage levels.
