Annual Scheduled Benefit Amounts for Retired Workers

Single-Year Tables

Table V.C7.- Annual Scheduled Benefit Amounts for Retired Workers
With Various Pre-Retirement Earnings Patterns
Based on Intermediate Assumptions, Calendar Years 1940-2095
Year attain age 65 ^b	Age at retirement	Benefits in 2017 dollars ^a with retirement at normal retirement age					National Average Wage Index in 2017 dollars ^h
Year attain age 65 ^b	Age at retirement	Scaled very low earnings ^c	Scaled low earnings ^d	Scaled medium earnings ^e	Scaled high earnings ^f	Steady maximum earnings ^g	National Average Wage Index in 2017 dollars ^h
1940	65:0	$2,035	$2,599	$4,611	$5,513	$8,384	$20,265
1941	65:0	1,940	2,583	4,499	5,387	8,071	20,630
1942	65:0	1,747	2,495	4,147	5,009	7,339	21,177
1943	65:0	1,648	2,516	4,035	4,909	6,988	23,533
1944	65:0	1,622	2,707	4,131	5,050	6,942	26,173
1945	65:0	1,586	2,946	4,197	5,173	6,852	26,718
1946	65:0	1,594	2,933	4,017	4,989	6,376	23,043
1947	65:0	1,461	2,697	3,610	4,509	5,619	23,138
1948	65:0	1,476	2,649	3,466	4,362	5,271	23,363
1949	65:0	1,610	2,737	3,623	4,589	5,367	24,791
1950	65:0	2,219	3,537	4,657	5,672	6,283	25,146
1951	65:0	3,316	4,854	6,193	7,149	7,522	25,614
1952	65:0	3,495	5,022	6,395	7,368	7,658	26,587
1953	65:0	3,985	5,466	7,128	8,854	9,056	27,875
1954	65:0	4,366	5,782	7,555	9,501	9,501	27,915
1955	65:0	5,025	6,367	8,294	10,487	10,487	29,291
1956	65:0	5,088	6,347	8,340	10,481	10,669	30,882
1957	65:0	5,095	6,232	8,292	10,403	10,505	30,791
1958	65:0	5,158	6,126	8,329	10,720	10,720	30,249
1959	65:0	5,486	6,563	9,013	11,364	11,364	31,477
1960	65:0	5,498	6,558	9,066	11,284	11,477	32,206
1961	65:0	5,437	6,486	9,157	11,447	11,447	32,486
1962	65:0	5,471	6,508	9,244	11,413	11,413	33,720
1963	65:0	5,400	6,424	9,310	11,358	11,358	34,099
1964	65:0	5,422	6,433	9,374	11,304	11,304	35,049
1965	65:0	5,719	6,877	9,981	11,917	11,917	35,129
1966	65:0	5,640	6,677	9,971	11,658	11,658	36,155
1967	65:0	5,489	6,592	9,884	11,440	11,619	37,145
1968	65:0	6,103	7,273	10,808	12,587	12,677	38,097
1969	65:0	5,843	7,064	10,542	12,308	12,487	38,212
1970	65:0	6,456	7,684	11,765	13,670	13,957	37,899
1971	65:0	6,807	8,202	12,620	14,713	15,016	38,151
1972	65:0	7,147	8,587	13,362	15,609	15,727	40,555
1973	65:0	7,573	10,920	14,530	16,990	17,093	40,566
1974	65:0	7,493	10,318	14,497	16,881	17,190	38,722
1975	65:0	7,376	9,541	14,593	17,029	17,552	38,125
1976	65:0	7,576	9,411	15,212	17,891	18,934	38,549
1977	65:0	7,666	9,727	15,695	18,782	20,102	38,371
1978	65:0	7,573	9,812	16,017	19,578	20,884	38,488
1979	65:0	7,494	9,788	16,013	19,792	20,911	37,565
1980	65:0	7,544	9,935	16,403	20,099	21,444	36,080
1981	65:0	7,796	10,349	17,127	21,075	22,638	36,020
1982	65:0	7,786	10,294	16,757	20,377	20,982	35,857
1983	65:0	7,350	9,944	16,113	19,341	20,436	36,497
1984	65:0	6,993	9,948	15,274	18,476	19,592	37,362
1985	65:0	6,807	9,927	14,932	18,108	19,291	37,621
1986	65:0	7,091	10,053	15,474	18,835	20,103	38,145
1987	65:0	7,064	9,857	15,410	18,841	20,197	39,171
1988	65:0	7,162	9,896	15,583	19,176	20,629	39,529
1989	65:0	7,284	9,821	15,861	19,575	21,125	39,207
1990	65:0	7,460	9,784	16,193	20,103	21,776	38,965
1991	65:0	7,440	9,883	16,144	20,172	21,911	38,848
1992	65:0	7,641	10,015	16,573	20,799	22,653	39,694
1993	65:0	7,652	10,040	16,577	20,910	22,834	38,936
1994	65:0	7,544	9,972	16,293	20,677	22,650	38,998
1995	65:0	7,603	9,964	16,416	20,930	23,022	39,445
1996	65:0	7,632	9,984	16,477	21,105	23,289	40,199
1997	65:0	7,863	10,289	16,966	21,838	24,190	41,621
1998	65:0	7,789	10,184	16,803	21,697	24,145	43,223
1999	65:0	7,733	10,128	16,699	21,649	24,185	44,634
2000	65:0	7,753	10,155	16,766	21,809	24,450	45,524
2001	65:0	8,021	10,506	17,334	22,653	25,487	45,366
2002	65:0	8,476	11,091	18,310	24,009	27,113	45,206
2003	65:2	8,612	11,278	18,622	24,470	27,806	45,299
2004	65:4	8,737	11,429	18,846	24,829	28,373	46,205
2005	65:6	8,976	11,743	19,347	25,557	29,355	46,265
2006	65:8	9,113	11,931	19,669	26,015	30,043	46,880
2007	65:10	8,906	11,653	19,221	25,437	29,562	47,647
2008	66:0	9,417	12,332	20,353	26,951	31,796	46,830
2009	66:0	9,280	12,150	20,035	26,525	31,460	46,437
2010	66:0	9,014	11,806	19,457	25,782	30,731	46,571
2011	66:0	9,323	12,207	20,131	26,673	31,918	46,381
2012	66:0	9,245	12,090	19,919	26,421	31,733	46,845
2013	66:0	9,456	12,369	20,368	27,022	32,613	46,803
2014	66:0	9,506	12,440	20,498	27,169	32,962	47,747
2015	66:0	9,307	12,177	20,075	26,599	32,362	49,613
2016	66:0	9,281	12,142	20,005	26,521	32,303	50,434
2017	66:0	9,359	12,256	20,190	26,767	32,644	51,314
2018	66:0	9,366	12,268	20,222	26,789	32,718	52,245
2019	66:0	9,705	12,710	20,952	27,751	33,908	53,204
2020	66:2	10,011	13,104	21,622	28,628	35,016	54,172
2021	66:4	10,070	13,184	21,740	28,777	35,237	55,026
2022	66:6	10,143	13,286	21,924	29,011	35,545	55,732
2023	66:8	10,371	13,571	22,391	29,639	36,320	56,351
2024	66:10	10,564	13,825	22,801	30,189	36,998	57,009
2025	67:0	10,750	14,069	23,198	30,731	37,822	57,694
2026	67:0	10,920	14,290	23,567	31,208	38,425	58,379
2027	67:0	11,058	14,474	23,867	31,606	38,922	59,102
2028	67:0	11,181	14,639	24,138	31,963	39,368	59,838
2029	67:0	11,315	14,811	24,413	32,333	39,835	60,585
2030	67:0	11,452	14,982	24,707	32,720	40,324	61,345
2031	67:0	11,584	15,166	25,002	33,114	40,812	62,116
2032	67:0	11,731	15,355	25,313	33,522	41,327	62,895
2033	67:0	11,872	15,540	25,630	33,940	41,842	63,685
2034	67:0	12,020	15,735	25,952	34,360	42,370	64,474
2035	67:0	12,174	15,931	26,276	34,794	42,902	65,258
2036	67:0	12,327	16,135	26,603	35,233	43,444	66,039
2037	67:0	12,484	16,339	26,937	35,675	43,984	66,826
2038	67:0	12,639	16,543	27,277	36,118	44,503	67,623
2039	67:0	12,797	16,745	27,614	36,569	45,044	68,425
2040	67:0	12,952	16,951	27,948	37,010	45,599	69,233
2041	67:0	13,104	17,154	28,285	37,455	46,152	70,053
2042	67:0	13,263	17,355	28,617	37,902	46,708	70,885
2043	67:0	13,423	17,569	28,965	38,354	47,264	71,737
2044	67:0	13,584	17,773	29,307	38,811	47,830	72,601
2045	67:0	13,744	17,987	29,652	39,269	48,399	73,473
2046	67:0	13,904	18,202	30,008	39,734	48,940	74,360
2047	67:0	14,068	18,415	30,360	40,203	49,492	75,265
2048	67:0	14,241	18,637	30,730	40,693	50,086	76,185
2049	67:0	14,415	18,860	31,098	41,179	50,689	77,111
2050	67:0	14,582	19,085	31,471	41,672	51,297	78,045
2051	67:0	14,759	19,319	31,848	42,176	51,918	78,991
2052	67:0	14,941	19,557	32,241	42,691	52,549	79,949
2053	67:0	15,123	19,793	32,630	43,213	53,133	80,912
2054	67:0	15,307	20,031	33,027	43,738	53,745	81,883
2055	67:0	15,494	20,274	33,430	44,269	54,387	82,861
2056	67:0	15,679	20,522	33,833	44,803	55,033	83,847
2057	67:0	15,868	20,768	34,244	45,347	55,672	84,845
2058	67:0	16,062	21,021	34,655	45,895	56,323	85,858
2059	67:0	16,255	21,274	35,074	46,443	56,991	86,881
2060	67:0	16,451	21,527	35,492	46,999	57,675	87,909
2061	67:0	16,645	21,784	35,916	47,558	58,351	88,944
2062	67:0	16,843	22,042	36,340	48,124	59,048	89,983
2063	67:0	17,045	22,305	36,775	48,697	59,750	91,025
2064	67:0	17,247	22,571	37,212	49,279	60,464	92,068
2065	67:0	17,451	22,838	37,653	49,862	61,178	93,115
2066	67:0	17,656	23,107	38,093	50,446	61,899	94,165
2067	67:0	17,864	23,379	38,541	51,038	62,623	95,221
2068	67:0	18,069	23,647	38,984	51,625	63,345	96,287
2069	67:0	18,276	23,917	39,431	52,217	64,073	97,367
2070	67:0	18,484	24,190	39,880	52,811	64,802	98,460
2071	67:0	18,693	24,464	40,329	53,408	65,534	99,565
2072	67:0	18,905	24,738	40,783	54,007	66,272	100,679
2073	67:0	19,112	25,014	41,236	54,609	67,012	101,802
2074	67:0	19,331	25,297	41,701	55,223	67,767	102,933
2075	67:0	19,545	25,578	42,167	55,844	68,530	104,074
2076	67:0	19,766	25,866	42,640	56,469	69,299	105,221
2077	67:0	19,987	26,156	43,119	57,102	70,078	106,382
2078	67:0	20,210	26,447	43,600	57,738	70,860	107,556
2079	67:0	20,435	26,741	44,085	58,379	71,649	108,744
2080	67:0	20,663	27,037	44,574	59,027	72,444	109,945
2081	67:0	20,890	27,336	45,064	59,678	73,246	111,160
2082	67:0	21,120	27,637	45,562	60,337	74,057	112,385
2083	67:0	21,352	27,942	46,064	61,004	74,874	113,625
2084	67:0	21,590	28,251	46,574	61,676	75,703	114,880
2085	67:0	21,826	28,562	47,086	62,358	76,541	116,153
2086	67:0	22,068	28,878	47,607	63,045	77,387	117,447
2087	67:0	22,313	29,198	48,133	63,742	78,244	118,759
2088	67:0	22,557	29,519	48,662	64,445	79,109	120,088
2089	67:0	22,807	29,845	49,202	65,156	79,985	121,433
2090	67:0	23,060	30,177	49,747	65,880	80,874	122,793
2091	67:0	23,317	30,513	50,301	66,614	81,778	124,170
2092	67:0	23,578	30,853	50,864	67,357	82,694	125,566
2093	67:0	23,841	31,199	51,434	68,111	83,622	126,979
2094	67:0	24,107	31,549	52,009	68,874	84,559	128,409
2095	67:0	24,379	31,902	52,591	69,646	85,508	129,854

		Benefits in 2017 dollars ^a with retirement at age 65
1940	65:0	$2,035	$2,599	$4,611	$5,513	$8,384	$20,265
1941	65:0	1,940	2,583	4,499	5,387	8,071	20,630
1942	65:0	1,747	2,495	4,147	5,009	7,339	21,177
1943	65:0	1,648	2,516	4,035	4,909	6,988	23,533
1944	65:0	1,622	2,707	4,131	5,050	6,942	26,173
1945	65:0	1,586	2,946	4,197	5,173	6,852	26,718
1946	65:0	1,594	2,933	4,017	4,989	6,376	23,043
1947	65:0	1,461	2,697	3,610	4,509	5,619	23,138
1948	65:0	1,476	2,649	3,466	4,362	5,271	23,363
1949	65:0	1,610	2,737	3,623	4,589	5,367	24,791
1950	65:0	2,219	3,537	4,657	5,672	6,283	25,146
1951	65:0	3,316	4,854	6,193	7,149	7,522	25,614
1952	65:0	3,495	5,022	6,395	7,368	7,658	26,587
1953	65:0	3,985	5,466	7,128	8,854	9,056	27,875
1954	65:0	4,366	5,782	7,555	9,501	9,501	27,915
1955	65:0	5,025	6,367	8,294	10,487	10,487	29,291
1956	65:0	5,088	6,347	8,340	10,481	10,669	30,882
1957	65:0	5,095	6,232	8,292	10,403	10,505	30,791
1958	65:0	5,158	6,126	8,329	10,720	10,720	30,249
1959	65:0	5,486	6,563	9,013	11,364	11,364	31,477
1960	65:0	5,498	6,558	9,066	11,284	11,477	32,206
1961	65:0	5,437	6,486	9,157	11,447	11,447	32,486
1962	65:0	5,471	6,508	9,244	11,413	11,413	33,720
1963	65:0	5,400	6,424	9,310	11,358	11,358	34,099
1964	65:0	5,422	6,433	9,374	11,304	11,304	35,049
1965	65:0	5,719	6,877	9,981	11,917	11,917	35,129
1966	65:0	5,640	6,677	9,971	11,658	11,658	36,155
1967	65:0	5,489	6,592	9,884	11,440	11,619	37,145
1968	65:0	6,103	7,273	10,808	12,587	12,677	38,097
1969	65:0	5,843	7,064	10,542	12,308	12,487	38,212
1970	65:0	6,456	7,684	11,765	13,670	13,957	37,899
1971	65:0	6,807	8,202	12,620	14,713	15,016	38,151
1972	65:0	7,147	8,587	13,362	15,609	15,727	40,555
1973	65:0	7,573	10,920	14,530	16,990	17,093	40,566
1974	65:0	7,493	10,318	14,497	16,881	17,190	38,722
1975	65:0	7,376	9,541	14,593	17,029	17,552	38,125
1976	65:0	7,576	9,411	15,212	17,891	18,934	38,549
1977	65:0	7,666	9,727	15,695	18,782	20,102	38,371
1978	65:0	7,573	9,812	16,017	19,578	20,884	38,488
1979	65:0	7,494	9,788	16,013	19,792	20,911	37,565
1980	65:0	7,544	9,935	16,403	20,099	21,444	36,080
1981	65:0	7,796	10,349	17,127	21,075	22,638	36,020
1982	65:0	7,786	10,294	16,757	20,377	20,982	35,857
1983	65:0	7,350	9,944	16,113	19,341	20,436	36,497
1984	65:0	6,993	9,948	15,274	18,476	19,592	37,362
1985	65:0	6,807	9,927	14,932	18,108	19,291	37,621
1986	65:0	7,091	10,053	15,474	18,835	20,103	38,145
1987	65:0	7,064	9,857	15,410	18,841	20,197	39,171
1988	65:0	7,162	9,896	15,583	19,176	20,629	39,529
1989	65:0	7,284	9,821	15,861	19,575	21,125	39,207
1990	65:0	7,460	9,784	16,193	20,103	21,776	38,965
1991	65:0	7,440	9,883	16,144	20,172	21,911	38,848
1992	65:0	7,641	10,015	16,573	20,799	22,653	39,694
1993	65:0	7,652	10,040	16,577	20,910	22,834	38,936
1994	65:0	7,544	9,972	16,293	20,677	22,650	38,998
1995	65:0	7,603	9,964	16,416	20,930	23,022	39,445
1996	65:0	7,632	9,984	16,477	21,105	23,289	40,199
1997	65:0	7,863	10,289	16,966	21,838	24,190	41,621
1998	65:0	7,789	10,184	16,803	21,697	24,145	43,223
1999	65:0	7,733	10,128	16,699	21,649	24,185	44,634
2000	65:0	7,753	10,155	16,766	21,809	24,450	45,524
2001	65:0	8,021	10,506	17,334	22,653	25,487	45,366
2002	65:0	8,476	11,091	18,310	24,009	27,113	45,206
2003	65:0	8,520	11,173	18,431	24,218	27,511	45,299
2004	65:0	8,558	11,208	18,472	24,349	27,810	46,205
2005	65:0	8,638	11,306	18,619	24,603	28,252	46,265
2006	65:0	8,684	11,368	18,739	24,782	28,621	46,880
2007	65:0	8,535	11,172	18,417	24,372	28,327	47,647
2008	65:0	8,292	10,860	17,923	23,728	27,732	46,830
2009	65:0	8,842	11,566	19,080	25,267	29,729	46,437
2010	65:0	8,690	11,372	18,747	24,835	29,381	46,571
2011	65:0	8,597	11,248	18,547	24,574	29,211	46,381
2012	65:0	8,599	11,253	18,531	24,589	29,339	46,845
2013	65:0	8,820	11,538	19,005	25,218	30,242	46,803
2014	65:0	8,690	11,382	18,763	24,873	30,009	47,747
2015	65:0	8,764	11,474	18,913	25,065	30,350	49,613
2016	65:0	8,805	11,526	18,995	25,176	30,548	50,434
2017	65:0	8,800	11,517	18,971	25,150	30,560	51,314
2018	65:0	8,704	11,392	18,787	24,898	30,308	52,245
2019	65:0	9,059	11,858	19,550	25,890	31,546	53,204
2020	65:0	9,229	12,079	19,921	26,398	32,177	54,172
2021	65:0	9,167	12,010	19,795	26,216	31,978	55,026
2022	65:0	9,125	11,949	19,724	26,100	31,863	55,732
2023	65:0	9,212	12,066	19,893	26,342	32,164	56,351
2024	65:0	9,269	12,132	20,009	26,495	32,360	57,009
2025	65:0	9,317	12,195	20,107	26,633	32,536	57,694
2026	65:0	9,461	12,389	20,425	27,042	33,052	58,379
2027	65:0	9,583	12,540	20,685	27,394	33,492	59,102
2028	65:0	9,692	12,682	20,911	27,695	33,873	59,838
2029	65:0	9,808	12,836	21,156	28,022	34,282	60,585
2030	65:0	9,919	12,983	21,417	28,359	34,700	61,345
2031	65:0	10,044	13,139	21,669	28,694	35,117	62,116
2032	65:0	10,165	13,303	21,935	29,052	35,564	62,895
2033	65:0	10,289	13,466	22,206	29,412	36,013	63,685
2034	65:0	10,422	13,636	22,487	29,781	36,464	64,474
2035	65:0	10,551	13,811	22,770	30,151	36,921	65,258
2036	65:0	10,681	13,983	23,054	30,535	37,390	66,039
2037	65:0	10,819	14,160	23,344	30,915	37,849	66,826
2038	65:0	10,950	14,332	23,633	31,299	38,301	67,623
2039	65:0	11,088	14,514	23,933	31,691	38,773	68,425
2040	65:0	11,225	14,690	24,223	32,076	39,252	69,233
2041	65:0	11,361	14,862	24,509	32,460	39,726	70,053
2042	65:0	11,496	15,040	24,802	32,848	40,207	70,885
2043	65:0	11,629	15,224	25,101	33,239	40,688	71,737
2044	65:0	11,771	15,402	25,400	33,631	41,173	72,601
2045	65:0	11,911	15,589	25,702	34,033	41,665	73,473
2046	65:0	12,053	15,775	26,006	34,434	42,134	74,360
2047	65:0	12,191	15,957	26,313	34,843	42,608	75,265
2048	65:0	12,342	16,153	26,630	35,263	43,118	76,185
2049	65:0	12,492	16,345	26,951	35,687	43,638	77,111
2050	65:0	12,638	16,541	27,274	36,117	44,165	78,045
2051	65:0	12,793	16,743	27,600	36,553	44,697	78,991
2052	65:0	12,947	16,948	27,939	36,998	45,238	79,949
2053	65:0	13,104	17,151	28,282	37,449	45,742	80,912
2054	65:0	13,264	17,360	28,622	37,905	46,269	81,883
2055	65:0	13,429	17,571	28,972	38,362	46,822	82,861
2056	65:0	13,590	17,786	29,321	38,829	47,379	83,847
2057	65:0	13,753	18,000	29,676	39,300	47,929	84,845
2058	65:0	13,922	18,218	30,036	39,776	48,488	85,858
2059	65:0	14,087	18,436	30,396	40,252	49,065	86,881
2060	65:0	14,255	18,657	30,758	40,734	49,653	87,909
2061	65:0	14,428	18,881	31,125	41,216	50,238	88,944
2062	65:0	14,598	19,104	31,495	41,707	50,837	89,983
2063	65:0	14,772	19,330	31,870	42,203	51,443	91,025
2064	65:0	14,947	19,561	32,249	42,707	52,058	92,068
2065	65:0	15,124	19,792	32,630	43,211	52,674	93,115
2066	65:0	15,302	20,026	33,016	43,720	53,294	94,165
2067	65:0	15,482	20,262	33,401	44,232	53,919	95,221
2068	65:0	15,659	20,493	33,787	44,742	54,539	96,287
2069	65:0	15,839	20,727	34,173	45,254	55,166	97,367
2070	65:0	16,019	20,964	34,561	45,770	55,793	98,460
2071	65:0	16,200	21,200	34,953	46,285	56,425	99,565
2072	65:0	16,382	21,439	35,346	46,806	57,060	100,679
2073	65:0	16,565	21,679	35,739	47,330	57,699	101,802
2074	65:0	16,752	21,923	36,140	47,861	58,351	102,933
2075	65:0	16,939	22,167	36,546	48,397	59,005	104,074
2076	65:0	17,131	22,417	36,956	48,941	59,668	105,221
2077	65:0	17,321	22,668	37,370	49,488	60,338	106,382
2078	65:0	17,516	22,920	37,787	50,041	61,014	107,556
2079	65:0	17,711	23,175	38,205	50,596	61,693	108,744
2080	65:0	17,907	23,432	38,630	51,156	62,379	109,945
2081	65:0	18,104	23,691	39,056	51,721	63,067	111,160
2082	65:0	18,305	23,952	39,487	52,292	63,766	112,385
2083	65:0	18,506	24,216	39,922	52,869	64,470	113,625
2084	65:0	18,711	24,485	40,363	53,452	65,184	114,880
2085	65:0	18,916	24,755	40,808	54,042	65,906	116,153
2086	65:0	19,126	25,027	41,258	54,639	66,635	117,447
2087	65:0	19,338	25,304	41,714	55,243	67,372	118,759
2088	65:0	19,549	25,583	42,173	55,851	68,116	120,088
2089	65:0	19,765	25,867	42,641	56,469	68,870	121,433
2090	65:0	19,985	26,153	43,114	57,096	69,636	122,793
2091	65:0	20,209	26,444	43,594	57,731	70,413	124,170
2092	65:0	20,434	26,740	44,081	58,377	71,203	125,566
2093	65:0	20,662	27,040	44,576	59,030	72,001	126,979
2094	65:0	20,894	27,341	45,074	59,690	72,809	128,409
2095	65:0	21,128	27,648	45,579	60,360	73,625	129,854

^a Annual amounts are the total for the 12-month period starting with the month of retirement, adjusted to be in 2017 dollars by using the CPI indexing series from table VI.G6.
^b Attains age 65 on January 1 of the year.
^c Career-average earnings at about 25 percent of the AWI.
^d Career-average earnings at about 45 percent of the AWI.
^e Career-average earnings at about 100 percent of the AWI. Such a worker would have career-average earnings at approximately the 56th percentile of all new retired-worker beneficiaries.
^f Career-average earnings at about 160 percent of the AWI.
^g Earnings for each year at or above the contribution and benefit base.
^h Average Wage Index from table VI.G6, adjusted to be in 2017 dollars by using the CPI indexing series from table VI.G6.
Note: Benefits shown at age 65 reflect adjustments for early retirement. For early retirement as early as age 62, the benefit amount is reduced 5/9 of one percent for each month before normal retirement age, up to 36 months. If the number of months exceeds 36, then the benefit is further reduced 5/12 of one percent per month. For example, if the number of reduction months is 60 (the maximum number for retirement at 62 when normal retirement age is 67), then the benefit is reduced by 30 percent. Delayed retirement credit is generally given for retirement after the normal retirement age. The delayed retirement credit is 2/3 of one percent per month for persons born in 1943 and later. No credit is given for delaying benefits after attaining age 70. See Table V.C3 for additional details, including adjustments applying to other birth years.

Annual Scheduled Benefit Amounts for Retired Workers — 2017 OASDI Trustees Report