It's the same as why you wouldn't measure your weight in ounces, but neither would you weigh something very light in pounds - you want a convenient number which is easy to interpret. PC is short for parsec and it's a unit of measurement equal to 3,000,000,000,000,000,000 cm!
Take your annual covered earnings (the earnings on which you pay Social Security payroll taxes), multiply it by that year's index factor and you will obtain your indexed wage for each year you have worked. Next, add up all these indexed wages and divide them by 35 to determine your average wage.
1 If you encounter problems, you can download this form and fax it to the number provided on the form. 2  NYS-100-Employer Registration Form for Unemployment Insurance, Withholding and Wage Reporting. 3  Please retain a copy of the submitted data. 4  To do this, your computer will need to be connected to a printer. You must start the application from the beginning. 2  If you encounter problems, you can download this form and fax it to the number provided on the form. 3  NYS-100-Employer Registration Form for Unemployment Insurance, Withholding and Wage Reporting. 4  Please retain a copy of the submitted data.