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.
If you were born between 1957 and the end of 1961, your full retirement age is between 66 and 67, with two months added for each year after 1956. If you claim survivors benefits at age 60, you will receive only 71.5 percent of your husband's full retirement benefits. And this reduction is permanent.