General Discussion

Horse with no Name

(33,956 posts) Sun Sep 16, 2012, 05:37 PM Sep 2012

I got my Social Security benefits statement this week. One GLARING change

To start with, I haven't received one in a couple of years and for some reason, thought that sending them out was a budget cut.

The one I got previously said:

"your full retirement age (65 years) your payment would be about...."
"At age 67, your payment would be about..."
"At age 62, your payment would be about..."

Now...

"your full retirement age (67 years)...."
"age 70, your payment would be...."
"age 62, your payment would be..."

21 replies

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Highlight:

I got my Social Security benefits statement this week. One GLARING change (Original Post) Horse with no Name Sep 2012 OP

Wasn't the full retirement age raised several years ago? virgogal Sep 2012 #1

The last one I got said 65. I pulled it out. Horse with no Name Sep 2012 #3

When did they up it from 65 to 67 for "full retirement age?" KansDem Sep 2012 #2

That is, I believe, the point of this OP! robinlynne Sep 2012 #4

A long time ago. 1983 to be exact. former9thward Sep 2012 #7

we were notified years ago Skittles Sep 2012 #10

I think mine was 66.5 the last time I looked. nt avebury Sep 2012 #5

This message was self-deleted by its author darkangel218 Sep 2012 #6

My point Horse with no Name Sep 2012 #9

This message was self-deleted by its author darkangel218 Sep 2012 #12

They still send them yearly after a certain age. former9thward Sep 2012 #11

Ahh ok. darkangel218 Sep 2012 #15

I'm not even 50 yet,lol n/t Horse with no Name Sep 2012 #16

This is from the story at the link. It says 60. former9thward Sep 2012 #19

I understand that and I thought that was the deal too Horse with no Name Sep 2012 #20

??? regnaD kciN Sep 2012 #14

I receive one every year and Callmecrazy Sep 2012 #17

Depends on your age. I'm not even retirement age cr8tvlde Sep 2012 #8

My husband gets them but I don't proud2BlibKansan Sep 2012 #13

No change on my retirement ages GP6971 Sep 2012 #18

I used to get them regularly, then they stopped sending them, and then SheilaT Sep 2012 #21

virgogal

(10,178 posts)

1. Wasn't the full retirement age raised several years ago?

Reply to Horse with no Name (Original post)

Sun Sep 16, 2012, 05:42 PM

Sep 2012

Horse with no Name

(33,956 posts)

3. The last one I got said 65. I pulled it out.

Reply to virgogal (Reply #1)

Sun Sep 16, 2012, 05:43 PM

Sep 2012

KansDem

(28,498 posts)

2. When did they up it from 65 to 67 for "full retirement age?"

Reply to Horse with no Name (Original post)

Sun Sep 16, 2012, 05:43 PM

Sep 2012

robinlynne

(15,481 posts)

4. That is, I believe, the point of this OP!

Reply to KansDem (Reply #2)

Sun Sep 16, 2012, 05:45 PM

Sep 2012

former9thward

(31,981 posts)

7. A long time ago. 1983 to be exact.

Reply to KansDem (Reply #2)

Sun Sep 16, 2012, 05:46 PM

Sep 2012

http://www.ssa.gov/pressoffice/IncRetAge.html

Skittles

(153,147 posts)

10. we were notified years ago

Reply to KansDem (Reply #2)

Sun Sep 16, 2012, 05:47 PM

Sep 2012

it's a staggered process - I very well remember mine: 66.6

avebury

(10,952 posts)

5. I think mine was 66.5 the last time I looked. nt

Reply to Horse with no Name (Original post)

Sun Sep 16, 2012, 05:45 PM

Sep 2012

Response to Horse with no Name (Original post)

darkangel218 This message was self-deleted by its author.

Horse with no Name

(33,956 posts)

9. My point

Reply to darkangel218 (Reply #6)

Sun Sep 16, 2012, 05:47 PM

Sep 2012

Yet, I got one this week.

Response to Horse with no Name (Reply #9)

darkangel218 This message was self-deleted by its author.

former9thward

(31,981 posts)

11. They still send them yearly after a certain age.

Reply to darkangel218 (Reply #6)

Sun Sep 16, 2012, 05:47 PM

Sep 2012

I think it is 60 but I might be wrong.

darkangel218

(13,985 posts)

15. Ahh ok.

Reply to former9thward (Reply #11)

Sun Sep 16, 2012, 05:50 PM

Sep 2012

Horse with no Name

(33,956 posts)

16. I'm not even 50 yet,lol n/t

Reply to former9thward (Reply #11)

Sun Sep 16, 2012, 05:53 PM

Sep 2012

former9thward

(31,981 posts)

19. This is from the story at the link. It says 60.

Reply to Horse with no Name (Reply #16)

Sun Sep 16, 2012, 05:58 PM

Sep 2012

Lassiter says the Social Security Administration hopes to resume mailing annual statements next fall, but only to Americans age 60 and older who are not currently receiving benefits. "The long-term plan is to allow the public to access the statement online," he adds. "We're working hard, but we don't have a timetable yet."

The individual statements contain more information than is currently available from the online Social Security Estimator tool, such as annual earnings history and estimates of disability and survivor benefits.

The agency estimates it will save $30 million by suspending mailings for the remainder of the fiscal year, which ends in September, and will save an additional $60 million next year by restricting mailings to workers 60 and older.

http://money.msn.com/retirement/article.aspx?post=25a6ebe2-e5c2-403b-bcc1-4d946946b812

Horse with no Name

(33,956 posts)

20. I understand that and I thought that was the deal too

Reply to former9thward (Reply #19)

Sun Sep 16, 2012, 06:03 PM

Sep 2012

But I still couldn't figure out why I received one, since I am none of these things.

regnaD kciN

(26,044 posts)

14. ???

Reply to darkangel218 (Reply #6)

Sun Sep 16, 2012, 05:49 PM

Sep 2012

I still get one every year.

Callmecrazy

(3,065 posts)

17. I receive one every year and

Reply to regnaD kciN (Reply #14)

Sun Sep 16, 2012, 05:55 PM

Sep 2012

I'm only 46. I think I've gotten four now.

cr8tvlde

(1,185 posts)

8. Depends on your age. I'm not even retirement age

Reply to Horse with no Name (Original post)

Sun Sep 16, 2012, 05:47 PM

Sep 2012

and my magic year is age 66. I'm the leading edge demographic for the Boomers...the Post War population surge.

proud2BlibKansan

(96,793 posts)

13. My husband gets them but I don't

Reply to Horse with no Name (Original post)

Sun Sep 16, 2012, 05:49 PM

Sep 2012

He's 62. I think that's why he's getting statements.

GP6971

(31,141 posts)

18. No change on my retirement ages

Reply to Horse with no Name (Original post)

Sun Sep 16, 2012, 05:57 PM

Sep 2012

Full @ 70
Age 66
Age 62

SheilaT

(23,156 posts)

21. I used to get them regularly, then they stopped sending them, and then

Reply to Horse with no Name (Original post)

Sun Sep 16, 2012, 06:11 PM

Sep 2012

resumed again last year. At least that's the way it's been for me.

And as someone else pointed out, they changed the full retirement age some years back. And what full retirement age actually means, it's the age at which you can earn as much money as you want and not have your social security dinged. It also, I think, affects how much less you get if you start collecting at an earlier age, which for everyone is 62.

If your full retirement age is 67, then you were born after 1960, so essentially you never had age 65 as your full retirement age. It's of course possible that your earlier statements were wrong.

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