The fresh new priounts of one’s most recent and you may inactive husbands try to the day of July 1998
Authors’ calculations indicate that no more than you to definitely-3rd out-of widow beneficiaries are affected by the fresh new restriction 19. For everybody in our present worth computations, we first deflate new PIA s into go out new remarried widows became years sixty, using an excellent 3 % annual rates of rising prices. It produces real PIA s to your month off July 1998. But not, such real philosophy keep (approximately) for the week while the, by-law, PIA s is actually modified to own rising prices. In order to assess the current discount worth, at the age sixty, out-of a...
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