A measure of the availability of a benefit. The National Compensation Survey (NCS) presents data on the percent of workers with access to, and who participate in, employee benefits.
How to Collect Social Security. The U.S. Social Security Administration (SSA) allows eligible individuals to collect Social Security retirement benefits at any point between 62 and 70 years of age. There are pros and cons to early or late collection, but the process remains the same.
For the purposes of the grids, the SSA divides applicants into the following age groups: 1  younger individuals (18 through 49). 2  closely approaching advanced age (50 to 54). 3  advanced age (55 and over), and. 4  closely approaching retirement age (60 and over).