Social Security Retirement Benefits

URI: https://gptkb.org/entity/Social_Security_Retirement_Benefits
GPTKB entity
Statements (29)
Predicate Object
gptkbp:instanceOf gptkb:Government_Program
gptkbp:administeredBy gptkb:Social_Security_Administration
gptkbp:age 62
gptkbp:benefit Monthly payment
Based on highest 35 years of earnings
gptkbp:canBe Spouses
Dependent children
Divorced spouses
Retired workers
Surviving spouses
gptkbp:country gptkb:United_States
gptkbp:eligibility Minimum 10 years of work
Work credits
gptkbp:establishedBy gptkb:Social_Security_Act_of_1935
gptkbp:firstPaymentYear 1940
gptkbp:fullRetirementAge 66
67
gptkbp:fundedBy Payroll taxes
gptkbp:increasedIfDelayedUntil Age 70
gptkbp:maximumBenefitAge 70
gptkbp:modulatedBy Cost-of-living adjustment
gptkbp:purpose Provide income to retired workers
gptkbp:reducedIfClaimedBefore Full retirement age
gptkbp:subjectToEarningsTest Yes
gptkbp:taxStatus Yes
gptkbp:website https://www.ssa.gov/benefits/retirement/
gptkbp:bfsParent gptkb:Social_Security_Survivors_Benefits
gptkbp:bfsLayer 6
https://www.w3.org/2000/01/rdf-schema#label Social Security Retirement Benefits