Claiming Age Clarity Act

This bill requires the Social Security Administration to change the names it uses for the different ages when people can start receiving retirement benefits. The age when you can first claim benefits (currently 62) would be called the "minimum monthly benefit age" instead of the "early eligibility age." The age when you can get your full benefit amount without any reduction (currently between 65 and 67 depending on when you were born) would be called the "standard monthly benefit age" instead of the "full retirement age" or "normal retirement age." The age when you stop earning extra credit for waiting to claim benefits (currently 70) would be called the "maximum monthly benefit age," and the term "delayed retirement credit" would no longer be used.

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