readme.pian Data Group Name: pian (1979-2004) Description: Primary Insurance Amounts (PIA) node 1 and node 2 (or AIME "bend points" in PIA formula (first and second) Data Source(s): Social Security Administration, "Automatic Increases for the Social Security and Supplemental Security Income Programs" webpage http://www.ssa.gov/OACT/COLA/bendpoints.html Usage: To look up values of these data for a set of key variable values (in SAS): a) In your SAS program, before your data step add: %include 'pian.fmt'; b) set SUPERKEY to the combination of key variable values you want to look up. See "SUPERKEY=" under key variable description below. c) use a formatted put function of SUPERKEY with the data series format (See examples under "Usage" in detailed description of each data series). Key vars: Varname Typ Description YEAR Num Year Min=1979 Max=2004 SUPERKEY =YEAR; Data series [summary]: Varname Fmtname Typ Description ------- ------- --- ----------- PIA1NODE PIA1NODE. Num Primary Insurance Amount Node 1 PIA2NODE PIA2NODE. Num Primary Insurance Amount Node 2 ---------------------------- Data series PIA1NODE---------------------------- Varname Fmtname Typ Description PIA1NODE PIA1NODE. Num Primary Insurance Amount Node 1 Units=U.S. Dollar Min=180 Max=612 Mean=385.346154 N=26 N_Missing=0 How missings handled: Comments: AIME "bend points" in PIA formula Primary Insurance Amount, Node 1 PIA - Primary Insurance Amount. The monthy amount payable to a retired worker who begins to receive benefits at normal retirement age or (generally) to a disabled worker. This amount, which is related to the worker's average monthly wage or average indexed monthly earnings, is also the amount used as a bae for computing all types of benefits payable on the basis of one individual's earnings record. Primary insurance amount formula. The mathematical formula relating the PIA to the AIME for workers who attain age 62, become disabled, or die after 1978. The PIA is equal to the sum of 90 percent of AIME up the the first bend point, plus 32 percent of AIME above the first bend point up to the second bend point, plus 15 percent of AIME in excess of the second bend point. Automatic benefit increases are applied beginning with the year of eligibility. Average indexed monthly earnings - AIME. The amount of earnings used in determining the primary insurance amount (PIA) for most workers who attain age 62, become disabled, or die after 1978. A worker's actual past earnings are adjusted by changes in the "average wage index," in order to bring them up to their approximately equivalent value at the time of retirement or other eligibility for benefits. Usage: MYVAR=put(SUPERKEY,PIA1NODE.); ---------------------------- Data series PIA2NODE---------------------------- Varname Fmtname Typ Description PIA2NODE PIA2NODE. Num Primary Insurance Amount Node 2 Units=U.S. Dollar Min=1085 Max=3689 Mean=2322.96154 N=26 N_Missing=0 How missings handled: Comments: AIME "bend points" in PIA formula Primary Insurance Amount, Node 2 PIA - Primary Insurance Amount. The monthy amount payable to a retired worker who begins to receive benefits at normal retirement age or (generally) to a disabled worker. This amount, which is related to the worker's average monthly wage or average indexed monthly earnings, is also the amount used as a bae for computing all types of benefits payable on the basis of one individual's earnings record. Primary insurance amount formula. The mathematical formula relating the PIA to the AIME for workers who attain age 62, become disabled, or die after 1978. The PIA is equal to the sum of 90 percent of AIME up the the first bend point, plus 32 percent of AIME above the first bend point up to the second bend point, plus 15 percent of AIME in excess of the second bend point. Automatic benefit increases are applied beginning with the year of eligibility. Average indexed monthly earnings - AIME. The amount of earnings used in determining the primary insurance amount (PIA) for most workers who attain age 62, become disabled, or die after 1978. A worker's actual past earnings are adjusted by changes in the "average wage index," in order to bring them up to their approximately equivalent value at the time of retirement or other eligibility for benefits. Usage: myvar=put(superkey,PIA2NODE.); ---------------------------------------------------------------------------- The CONTENTS Procedure Data Set Name: SCRLIB.PIAN04 Observations: 26 Member Type: DATA Variables: 3 Engine: V8 Indexes: 0 Created: 14:56 Thursday, May 20, 2004 Observation Length: 24 Last Modified: 14:56 Thursday, May 20, 2004 Deleted Observations: 0 Protection: Compressed: NO Data Set Type: Sorted: NO Label: -----Alphabetic List of Variables and Attributes----- # Variable Type Len Pos Label ---------------------------------------------------------------------- 2 PIA1NODE Num 8 8 Primary Insurance Amount Node 1 3 PIA2NODE Num 8 16 Primary Insurance Amount Node 2 1 YEAR Num 8 0 Year