Factor Table 1

Reduction Factors Based on Normal Retirement Age (Age 65) used to Determine your Minimum Early Retirement Benefit
AGE
FACTOR
64
88.59%
63
78.70%
62
70.09%
61
62.58%
60
56.00%
59
50.23%
58
45.13%
57
40.63%
56
36.64%
55
33.10%
54
29.95%
53
27.13%
52
24.62%
* Your monthly benefit at Normal Retirement Age will be multiplied by this factor to determine your reduced benefit.
factor table 1

Reduction Factors Based on Normal Retirement Age (Age 65) used to Determine your Minimum Early Retirement Benefit AGE FACTOR 64 88.59% 63 78.70% 62 70.09% 61 62.58% 60 56.00% 59 50.23% 58 45.13% 57 40.63% 56 36.64% 55 33.10% 54 29.95% 53 27.13% 52 24.62% * Your monthly benefit at…