RESEARCH ASSIGNMENT A number of key family, political, legal people were involved in the Mabo Case. These include: Eddie Koiki Mabo himself, Bonita Mabo, Ron Castan, Bryan Keon-Cohen, Justice Moynihan and Margaret White. Present a PowerPoint case study on one of these people.
What is the Social Security Retirement Age? Social Security's full-benefit retirement age is increasing gradually because of legislation passed by Congress in 1983. Traditionally, the full benefit age was 65, and early retirement benefits were first available at age 62, with a permanent reduction to 80 percent of the full benefit amount. Currently, the full benefit age is 66 for people born in 1943-1954, and it will gradually rise to 67 for those born in 1960 or later.
The annual earnings test is based on the calendar year. Annual earnings levels depend on whether you are under full retirement age (FRA) for the entire year, reach FRA during the year, and once you reach FRA. Actual amounts involved usually change each year. People start Social Security retirement all during the calendar year. Some people who retire in mid-year have already earned more than their yearly earnings limit so there is a special rule that applies to earnings for one year, usually the first year of retirement.