Primary Insurance Amount

Primary Insurance Amount. (i) if you separate from service at or after age sixty-five, the actual monthly amount of Social Security benefit for which your are eligible when benefit payments hereunder begin; or (ii) if you separate from service before age sixty-five, the monthly amount of Social Security benefit that would be payable to you at age sixty-five, determined under the law as in effect at the time of your separation from... service, but without regard to 9 December 1, 1990 Page 9 cost-of-living increases occurring after your separation from service and on the assumption that you will have no wages for Social Security purposes after your separation from service. View More