diff --git a/specs/phase0/beacon-chain.md b/specs/phase0/beacon-chain.md
index c302e46c5..62c75b045 100644
--- a/specs/phase0/beacon-chain.md
+++ b/specs/phase0/beacon-chain.md
@@ -1555,10 +1555,11 @@ def process_registry_updates(state: BeaconState) -> None:
 def process_slashings(state: BeaconState) -> None:
     epoch = get_current_epoch(state)
     total_balance = get_total_active_balance(state)
+    adjusted_total_slashing_balance = min(sum(state.slashings) * PROPORTIONAL_SLASHING_MULTIPLIER, total_balance)
     for index, validator in enumerate(state.validators):
         if validator.slashed and epoch + EPOCHS_PER_SLASHINGS_VECTOR // 2 == validator.withdrawable_epoch:
             increment = EFFECTIVE_BALANCE_INCREMENT  # Factored out from penalty numerator to avoid uint64 overflow
-            penalty_numerator = validator.effective_balance // increment * min(sum(state.slashings) * PROPORTIONAL_SLASHING_MULTIPLIER, total_balance)
+            penalty_numerator = validator.effective_balance // increment * adjusted_total_slashing_balance
             penalty = penalty_numerator // total_balance * increment
             decrease_balance(state, ValidatorIndex(index), penalty)
 ```