What is NWE PLATT in pricing diesel? NWE is an abbreviation for Northwest Europe. Platts is a pricing agency - someone who makes an assessment of the price given the trading in the day.
However, collecting Social Security retirement early rather than applying for disability has drawbacks that should be considered before making this decision. If you take early retirement once you reach the age of 62, your retirement benefit amount will be permanently reduced. The amount your benefit is reduced depends on the number of months you have until full retirement age (66 in 2016). On the other hand, if you are awarded Social Security disability benefits (SSDI), your benefit amount will be equal to what you were entitled to receive once you reached your full retirement age.
So, as you near or reach age 62, and begin to apply for your benefits, the Social Security Administration will use a number of factors to determine how much you will draw. The first thing they figure out is exactly how many years you earned money. This is considered a base figure.iguring Social Security retirement benefits is a very complicated procedure, and the steps set out above only give a small part of it. The best thing you can do is make sure your earnings figures are accurate.