What are the requirements to become eligible for Retirement Benefits in 2011? In order to become eligible for retirement benefits, workers must meet minimum age and minimum work requirements. The Worker must attain the minimum age of 62. The earliest month of eligibility is the first full month of being age 62.
In order to qualify for the minimum work requirement, a worker must have accumulated 40 quarters of tax payments. For 2011, a quarter of credit is earned for each $1,120 of FICA income, to a maximum of four credits for the year (or minimum earnings of $4,480). |