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.
We use your total yearly earnings to figure your Social Security credits. The amount needed for a credit in 2016 is $1,260. You can earn a maximum of four credits for any year. The amount needed to earn one credit increases automatically each year when average wages increase. You must earn a certain number of credits to qualify for Social Security benefits. The number of credits you need depends on your age when you apply and the type of benefit application. No one needs more than 40 credits for any Social Security benefit.