Health Care Reform: Safe Harbor for Determining Full-Time Employee Status. New guidance has been issued on two requirements under the Patient Protection and Affordable Care Act (the Act) that will become effective in 2014.
Early retirement benefits will continue to be available at age 62, but they will be reduced more. When the full-benefit age reaches 67, benefits taken at age 62 will be reduced to 70 percent of the full benefit and benefits first taken at age 65 will be reduced to 86.7 percent of the full benefit.
Early retirement is permitted at any time after age 55. Normal retirement is age 67. Pensions must start by the end of the year in which you turn 71. - See page 15. Is the pension paid to me for my lifetime? named Yes, all pensions are paid for the Memberâs lifetime. If I choose a Joint and Survivor Pension can I appoint another Spouse after I have