This variable provides the monthly amount of retirement benefits received by the individual.
Benefit amounts are calculated based on the worker's average indexed monthly earnings
(AIME). See the Social Security Annual Statistical Supplement for details on how
benefit calculations are performed. This benefit amount is the total amount paid
in the first month of own retirement benefits receipt. If the respondent was dually
entitled in this month, this benefit amount reflects the total payment made (i.e.
the sum of the amounts due to each type of benefit). For example if a person received
own and aged spouse retirement benefits, this benefit amount would be the sum of those
two benefits.