Paul McChesney (Admin)
Post Number: 778
|Posted on Saturday, September 04, 2004 - 7:22 am: |
Ron, she will get something between your full retirement amount and 71.5% of it, depending on complicated circumstances.
you never retired, and died at exactly age 65, and she was 65 on that
day, too, she would get 100% of your retirement amount.
Here's a part of the law, to give you an idea of how complicated it is; there is a lot more:
CFR SEC 404.338 Your widow's or widower's monthly benefit is equal to
the insured person's primary insurance amount. If the insured person
died before reaching age 62 and you are first eligible after 1984, we
may compute a special primary insurance amount to determine the amount
of your monthly benefit (see § 404.212(b)). We may increase your
monthly benefit amount if the insured person earned delayed retirement
credit after full retirement age (as defined in § 404.409) by working
or by delaying filing for benefits (see § 404.313). The amount of your
monthly benefit may change as explained generally in § 404.304. In
addition, your monthly benefit will be reduced if the insured person
was entitled to old-age benefits that were reduced for age because he
or she chose to receive them before attaining full retirement age. In
this instance, your benefit is reduced, if it would otherwise be
higher, to either the amount the insured would have been entitled to if
still alive or 82 1/2 percent of his or her primary insurance amount,
whichever is larger.