Estimated Social Security definition
Estimated Social Security means, for an employee covered by Social Security, an employee's estimated OASDI retirement benefit. The benefit is based upon an estimated "average indexed monthly earnings" for an employee retiring at age 62 in 2023 - it does not include any amounts which might be payable to an eligible spouse or children.
Estimated Social Security means, for an employee covered by Social Security, an employee’s estimated OASDI retirement benefit and is based upon an estimated “average indexed monthly earnings” for an employee retiring at age 65 in 2009—it does not inclde any amounts which might be apayable to an eligible spouse or children .
Estimated Social Security means, for an employee covered by Social Security, an employee’s estimated OASDI retirement benefit is based upon an estimated “average indexed monthly earnings” for an employee retiring at normal Social Security retirement age (SSRA) in 2010. It does not include any amounts which might be payable to an eligible spouse or children. Note that a member may draw a reduced Social Security benefit as early as age 62.