Delayed Retirement Credit Rates
Updated August 5, 2020 |
Infoplease Staff
| 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 |
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