Notes
1. George E. Rejda, Social Insurance and Economic Security, 7th ed. (Armonk, NY: M. E. Sharpe, 2012), pp. 24–30, chs. 5–7.
2. The 2014 Annual Report of the Board of Trustees of the Federal Old-Age and Survivors Insurance and Disability Insurance Trust Funds. (Washington DC: U.S. Government Printing Office, 2014), pp. 6 and 69.
3. Employee Benefit Research Institute, “Measuring Retiree Income: Current Population Survey Income Redesign,” News from EBRI, Press Release 1127, May 28, 2015.
4. The career-average earnings shown are an average of the highest 35 years of wage-indexed earnings through the year prior to retirement. The value is for retirement in 2014. Thus, the annual earnings used for this average are wage indexed to 2013. For ...
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