A measure of the availability of a benefit. The National Compensation Survey (NCS) presents data on the percent of workers with access to, and who participate in, employee benefits.
How to Collect Social Security. The U.S. Social Security Administration (SSA) allows eligible individuals to collect Social Security retirement benefits at any point between 62 and 70 years of age. There are pros and cons to early or late collection, but the process remains the same.
If your full retirement age is 67, your Social Security benefit is reduced by: 1  About 30 percent if you start collecting at 62. 2  About 25 percent if you start collecting at 63.3  About 20 percent if you start collecting at 64.4  About 13.3 percent if you start collecting at 65.arly Social Security can cost you. If your full retirement age is 67, your Social Security benefit is reduced by: 1  About 30 percent if you start collecting at 62. 2  About 25 percent if you start collecting at 63. 3  About 20 percent if you start collecting at 64. 4  About 13.3 percent if you start collecting at 65.