Reduction For Earnings

Your earnings from any employment outside the railroad industry and the earnings of family members can affect payment of your Special Guaranty increase as follows:

If:	Then the amount of:	For months	Is deducted from
employees are entitled based on age and are under Full Retirement Age (FRA) for the full calendar year,	$1.00 for every $2.00 which they earn over their Annual Earnings Exempt Amount,	in the full calendar year,	all family member shares in the calculation of the Special Guaranty computation.
employees are entitled based on age and attain FRA during the calendar year,	$1.00 for every $3.00 which they earn over their Annual Earnings Exempt Amount,	up to the month the employees attain FRA,	all family member shares in the calculation of the Special Guaranty computation.
spouses are under FRA for the full calendar year,	$1.00 for every $2.00 which spouses earn over their Annual Earnings Exempt Amount,	in the full calendar year,	their shares in the calculation of the Special Guaranty increase.
spouses attain FRA during the calendar year,	$1.00 for every $3.00 which spouses earn over their Annual Earnings Exempt Amount	up to the month the spouses attain FRA.,	their shares in the calculation of the Special Guaranty increase.
your minor or student children work,	$1.00 for every $2.00 which they earn over their Annual Earnings Exempt Amount,	in the full calendar year,	their shares in the calculation of the Special Guaranty increase.

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