This new priounts of newest and deceased husbands try towards the times regarding July 1998

This new priounts of newest and deceased husbands try towards the times regarding July 1998

Authors’ computations signify just about that-third of widow beneficiaries are influenced by the maximum

19. For everyone your expose worthy of data, i very first deflate the fresh new PIA s towards the day the fresh remarried widows turned into many years sixty, playing with a great 3 per cent yearly rate of inflation. This produces real PIA s to the month out of July 1998. Yet not, these real viewpoints keep (approximately) the week since, by law, PIA s are adjusted to have rising cost of living. So you can determine the current deal worthy of, during the ages sixty, regarding a monthly work with number reduced j weeks adopting the time the person converts 60, we split the true monthly work for number by (1.0025 j ).ادامه خواندن