Benefit Amount
The amount of a RIB payment is based upon several factors, including: social security payroll taxes paid into the Social Security Trust Fund, the age at which benefits are claimed, the current earned income of an individual, and military service.
Read more about this topic: Retirement Insurance Benefits
Famous quotes containing the words benefit and/or amount:
“Democracy means the organization of society for the benefit and at the expense of everybody indiscriminately and not for the benefit of a privileged class.”
—George Bernard Shaw (1856–1950)
“Excess of joy is harder to bear than any amount of sorrow.”
—Honoré De Balzac (1799–1850)