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Early retirement is growing in popularity as an increasing tirnnhw of people become eligible for a private or public pension, Brace A. Hundley, Social Security manager in Culpeper, said recently. Well over half of afl non-farm employees are under a pension plan, especially those with above avenge earning*
There are some important facta you should know if you start getting a pension before 62. Age 62 is the earliest age that yon can get Social Security letimuent checks.
First, your Social Security check may be smaller than you figured. This is because benefits are based on your avenge lifetime covered earnings. A maximum of only five years of low or no earnings can be dropped out when computing benefits.
Second, you may lose insured status for disability benefits if you have a big gap in your earnings record. Most people need not only a certain total number of Social Security work credits but some of them must have been earned in recent years. In
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