Average Monthly Earnings


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Average Monthly Earnings

The average income an individual earns each month over his/her working life, as calculated by the Social Security Administration. The AIME is calculated using the 35 highest-earning years (after the 21st birthday) of an individual's life. If one worked for fewer than 35 years, zeros are entered for years one did not work up to 35. See also: Average Indexed Monthly Earnings.
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Maximum Family Benefits--based on the worker's Average Monthly Earnings (AME) --are listed in the June 1978 benefit table of the Social Security Administration.
Average monthly earning of the all individual is Rs 4,831 while average monthly earning of the individuals works in small firm (Rs 4,694) is less than the average monthly earning of the workers employed in large firm (Rs 6,031).
The evolution of average monthly earnings of beneficiaries and controls also reveals a positive, if limited, effect on the average monthly earnings of program participants (figure 7).
Our main measure of earnings growth is the ratio of average monthly earnings in the second, third and fourth half years after the transition, to earnings in the first half year (conditional upon being employed for at least one month of each sequence).
We consider four different definitions of earnings: namely, current monthly earnings of an employed person, current monthly earnings of a full-time employee, average monthly earnings last year of an employed person, and average monthly earnings last year of a full-year employee.
The average monthly earnings in Russia is around 8,000 roubles,equivalent to about pounds 185.
Full-time employees in the Norwegian information and communication technology (ICT) sector saw their average monthly earnings increase by 5.6% in the third quarter of 2002 compared to the same quarter in 2001.
I focused, instead, on the impact of welfare benefits on average monthly earnings; that is I modeled welfare as the independent and the average monthly earnings as the dependent variable.
In the wake of public debate about reforming social security, Democratic Party leaders, union leaders, and black leaders defend the current social security program because it is designed to provide disproportionately large monthly benefits to low-wage earners relative to their lifetime average monthly earnings. Despite the progressive benefit formula used by the program, an important question remains: Do black workers receive disproportionately larger benefits during their lifetimes in relation to their lifetime contributions, as well as disproportionately larger monthly benefits?
Average monthly earnings for male full-timers stood above female earnings in all EU Member States, with the largest differences recorded in the UK (Euro 654), the Netherlands (Euro 780) and Belgium (Euro 719).
An individual on SSDI whose average monthly earnings reached $700 for a full-time job over a full year would earn $8,400, at which time his or her cash benefits terminate along with access to affordable Medicare coverage."
The annual pension benefit formula was enhanced, from 1.3 percent to 1.4 percent of an employee's average monthly earnings for the last 12 months multiplied by years of credited service.
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