Regulations last checked for updates: Jun 02, 2024

Title 20 - Employees' Benefits last revised: May 03, 2024
§ 404.232 - Computing your average monthly wage under the guaranteed alternative.

(a) General. With the exception described in paragraph (b) of this section, we follow the rules in § 404.221 to compute your average monthly wage.

(b) Exception. We do not use any year after the year you reach age 61 as a computation base year in computing your average monthly wage for purposes of the guaranteed alternative.

cite as: 20 CFR 404.232