Using Social Security Results

The social security function provides a dollar amount representing an employee's estimated monthly social security benefit.

If a plan incorporates social security, you can reference a social security result from within the benefit formula.

Note: Because the social security result is a monthly value, when you include social security in a benefit formula, either express the benefit as a monthly amount or multiply social security by twelve to make it into an annual amount. If you use annual amounts, you can set up a custom statement, ANNUAL_SS, representing social security times 12, and use that custom statement in the benefit formula instead of the actual social security function result.