Authors’ data imply that no more than you to-3rd out of widow beneficiaries are affected by the new restriction
19. For everyone your present worthy of computations, i very first deflate the latest PIA s to your go out new remarried widows turned into age sixty, using a beneficial 3 per cent annual price out of rising prices. It produces real PIA s to your day out-of July 1998. not, this type of real philosophy hold (approximately) when it comes to day as, legally, PIA s are modified to own rising prices.