Tuesday, March 22, 2011

Disability Benefits at 62 Years Young

Mark from Hawaii writes:
In February I became 62 but I have been disabled from work since 52 years old. Do I get an increase in my pay for being 62 years young?
Mahalo and thank you.

ANSWER: Sorry Mark, no. The disability benefit amount is already figured as if you were at Full Retirement Age when it was awarded. At Full Retirement Age (age 66 for you) the disability benefit will be converted to a retirement benefit, but the amount stays the same.

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