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For example, if you retire at full retirement age in 2015, your maximum benefit would be $2,663.However, if you retire at age 62 in 2015, your maximum benefit would be $2,025. If you retire at age 70 in 2015, your maximum benefit would be $3,501.or example, if you retire at full retirement age in 2015, your maximum benefit would be $2,663.
applies to workers of 16 and older working for employers with an annual gross receipts of at least $297,000. Workers of smaller companies, and for under 16 year olds: the federal minimum wage of $7.25. Increases annually upon cost of living formula.No tip credit, training wage or meal credit is allowed. The minimum pay is $4/hour for business with less than $110,000 in annual sales.ncreases annually upon cost of living formula. No tip credit, training wage or meal credit is allowed. The minimum pay is $4/hour for business with less than $110,000 in annual sales.