Determination of Benefits (Continued)

One’s PIA (weighted in favor of low income earners) is then determined. High income earners receive about 24% of preretirement income, average income earners 40%, and low income earners receive 60%.

One’s PIA (weighted in favor of low income earners) is then determined. High income earners receive about 24% of preretirement income, average income earners 40%, and low income earners receive 60%.