Planning the Lookup Data
When you set up instructions for looking up data on a table, you specify an interpolation method for handling values that are not on the table. When you deal with intermediate values, the instructions depend on how you set up the data.
Suppose you look up social security retirement age based on an employee's date of birth. The following example shows a table you could use to determine SSRA when adjusting 415 limits, but not for social security calculations:
| Birth Date | 415 SSRA |
|---|---|
|
1937 and earlier |
65 |
|
1938 to 1954 |
66 |
|
1955 and later |
67 |
Note:
For simplicity's sake, this example uses a table without the two-month increments in the SSRA.
When you enter data in the table, you can only have one birth date per row. You cannot use a range such as "1937 and earlier." However, you do not want to enter every possible birth date in the range.
Assume that your interpolation method tells the system to use the next lower value on the table for intermediate birth dates. You can also have the system use the smallest and largest values on the table as the minimum and maximum. Based on these options, you would set up the table as follows:
| Birth Date | 415 SSRA |
|---|---|
|
December 31, 1937 |
65 |
|
January 1, 1938 |
66 |
|
January 1, 1955 |
67 |
When you use the lower value, birth dates between January 1, 1938 and December 31, 1954 use the value for January 1, 1938.
If your interpolation method specifies that the system should use the next higher value for intermediate birth dates, your table would be as follows:
| Birth Date | 415 SSRA |
|---|---|
|
December 31, 1937 |
65 |
|
December 31, 1954 |
66 |
|
December 31, 1955 |
67 |
When you use the higher value, birth dates between January 1, 1938 and December 31, 1954 use the value for December 31, 1954.