1) Hallman/Hamilton say on page 71 that the full-benefit retirement
age will increase to age 67 by the year 2000. Robertson on page 270
says it will gradually increase from 65 to 67 from the year 2003 to
2027. Which if either of these is correct?
2) On page 70 of Hallman/Hamilton, Currently Insured is defined as
6 quarters of coverage out of the last 13. Higher up on the page, they
say basically that 4 quarters of coverage for a year can be earned in a
day if you for example play for the Chicago Bulls. Assume a
hypothetical situation where Michael Jordan plays a game on both 1/1/92
and 1/1/93 earning $100,000 per game. Suppose he dies on 9/30/95. Is
he "Currently Insured"? That is, 13 quarters runs from 7/1/92 to
9/30/95, but how many quarters of credit does he get for his 1992 work
in this case? 2 quarters? 4 quarters? 0 quarters?
Jason