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“From now on I'm free to do what I desire ...”

The Social Security Amendments of 1956 lowered the minimum age for retirement benefits to 62 for women. The Social Security Amendments of 1961 extended the early retirement provision to men. “From now on I'm free to do what I desire ...”. How Retirement works.

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“From now on I'm free to do what I desire ...”

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  1. The Social Security Amendments of 1956 lowered the minimum age for retirement benefits to 62 for women. The Social Security Amendments of 1961 extended the early retirement provision to men. “From now on I'm free to do what I desire ...”

  2. How Retirement works • Your Social Security benefits will decrease by 20% if you retire at 62 when you are suppose to retire at 65. • Your Social Security benefits will decrease to 30% if you retire at the age of 62 when you are suppose to retire at 67.

  3. Life Expectancy Vs. Retirement • 1930 - 59.7 both sexes • 2005 - 77.8 both sexes • Age of retirement has been extended by the rate of 2 months a year during.

  4. The New Social Security • Gives an individual a retirement benefit plan for the age of 62, 66 and 70. • If you retire early, you will get less money. • If you retire late, you will get more money!

  5. Poor Oney • “As the workin' man who put his point acrossWith a right hand full of knuckles'Cause today I show old Oney who's the boss.”

  6. Workplace Shoot Outs • 1995 July 19th. - USA, California, Los Angeles, C. Erwin Piper Technical Center: a 42-year-old city electrician shot 4 supervisors to death

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