PIA calculation

[Gary]

What are the SS bend points for 2000?

Is it true that when doing a 2000 PIA calc, the most recent NAtional Average Earnings available are for 1998 (that is two years behind)?

Does anyone know when the NAE are published and where all this info can be found?

[david rigby]

Bend points for 2000 are: 531 and 3202. Most recent average national wage is $28,861.44, based on data 2 years old.

Do you get the Enrolled Actuaries Report? The November issue each year contains updates for most everything. My recollection is that all the updates are based on data (wages, CPI, etc.) as of September 30 (either for the third quarter or for the 12 months ending on that date).

You can also access Statistics for Employee Benefit Actuaries maintained by the SOA.

http://www.soa.org/library/stats/seb.htm