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Page 1. 1 PURPOSE AND OBJECTIVES OF THE WAGE. DETERMINATION SUB PROCESS. The purpose of the Wage Determination process is to ensure that wages are appropriately applied to a. claim, resolve UCB-13 Wage Statement issues, resolve blocked claims timely, resolve billing. discrepancies on a quarterly basis and apply reversals of previous wage determinations upon receipt of an. appeal reversal.
For retirement, eligibility is at age 62. If a person reaches age 62 in 2016, for example, then 2016 is the person's year of eligibility. We always index an individual's earnings to the average wage level two years prior to the year of first eligibility. Thus, for a person retiring at age 62 in 2016, we would index the person's earnings to the average wage index for 2014, or 46,481.52. We would multiply earnings in a year before 2014 by the ratio of 46,481.52 to the average wage index for that year; we would take earnings in 2014 or later at face value.