H.R. 5284
Claiming Age Clarity Act
Summary:
• Requires the Social Security Administration to replace current retirement age terminology in all rules, regulations, guidance, and materials
• Changes "early eligibility age" to "minimum monthly benefit age" and "full retirement age"/"normal retirement age" to "standard monthly benefit age"
• Eliminates use of "delayed retirement credit" and replaces age 70 references with "maximum monthly benefit age"
• Changes "early eligibility age" to "minimum monthly benefit age" and "full retirement age"/"normal retirement age" to "standard monthly benefit age"
• Eliminates use of "delayed retirement credit" and replaces age 70 references with "maximum monthly benefit age"