Delayed Retirement Credit Rates
Age 65 | Monthly percentage (%) | Yearly percentage (%) |
---|---|---|
Prior to 1982 | 1/12 of 1% | 1% |
1982?1989 | 1/4 of 1% | 3 |
1990?1991 | 7/24 of 1% | 3.5 |
1992?1993 | 1/3 of 1% | 4 |
1994?1995 | 3/8 of 1% | 4.5 |
1996?1997 | 5/12 of 1% | 5 |
1998?1999 | 11/24 of 1% | 5.5 |
2000?2001 | 1/2 of 1% | 6 |
2002?2003 | 13/24 of 1% | 6.5 |
2004?2005 | 7/12 of 1% | 7 |
2006?2007 | 5/8 of 1% | 7.5 |
2008 or later | 2/3 of 1% | 8 |
Social Security Contribution and Rate Schedule | Social Security | Work Credits Required for Living Persons To Be Fully Insured at Age 62 |