Yes, you can claim Social Security benefits as early as age 62, but your benefit will be permanently reduced. The reduction is calculated based on how many months before FRA you begin collecting benefits. For example, if you turn 62 in 2025, your benefit would be about 30% lower than if you waited until 67.

The Social Security Fairness Act aims to rectify long-standing inequities in the Social Security system, particularly affecting public servants like teachers, police officers, and firefighters.

The Social Security Fairness Act will provide millions of people retroactive Social Security benefit payments, in addition to monthly payment increases.