Saturday, July 20, 2013

Earnings Record

EARNINGS RECORD


Preparing a case requires a look at the claimant's earning record. The record is full of acronyms, abbreviations, messages that look like they are written in code. So what does it all mean? Here is some of the answers!

Consider the following:

NH NAME JOSEPH LOST SN PG001
INPUT 02/02/13 MINNEAPOLIS, MN
RUN DATE 02/02/13 V: 01/12/11 CO: 01/15
CONTROL CC:R BLK:3
EVENT EARNINGS RECORD – PIA DETERMINATION
TID DISABILITY CLAIM



DATES AP: 12/15/12 DO: 06/06/11 DENT: 12/11
(date claimant applied (claimant's alleged (the first day of the month
for benefits) disability on-set is the date the claimant becomes
date) entitled to benefits—5 months
from disability on-set date)

************************************************************

NH NAME JOSEPH LOST.....



INS STAT DISABILITY: EXCL QU:24 EXCL: HAS: 40
…...................................................DID DLI: 01/01/14
DISABILITY TEST: 20/40 MET...................................



COMPUTATIONAL YEARLY EARNINGS
MAX AMT YR REGULAR U INDEXED
70 NNNC 115.00 L $575 (examples only)
71 CCCC** 175.00 L $875
( Year) (quarters*) (actual earnings) (present value of earnings-- used to calculate
primary insurance amount (PIA))


*The amount of earnings required for a quarter of coverage (QC) in 2013 is $1,160. A QC is the basic unit for determining whether you are insured under Social Security.
**No matter how high your earnings may be, you can not earn more than 4 QC's in one year.

**You have disability-insured status if you:
  1. have earned at least 20 QCs during the last 10 years (a way to estimate, worked full time 5 of the past ten years), and
  2. are fully insured.










Disclaimer: Blogs posted herein are intended neither as legal advice, nor do they create nor attempt to create an attorney-client relationship. The person viewing my blogs is admonished that an attorney-client relationship may only be created with the express consent to the parties to it.






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