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Social Security benefits to be equalized for men and women
A. Duane Day explains changes in the Social Security law that will remove earnings-based differences between men and women over three years. Previously, a 65 year old woman with max earnings could receive about 269 dollars monthly versus 259 for a man with identical earnings. The new rules let men drop additional low-earning years: one for those turning 62 in 1973, two in 1974, and three in 1975. Non disabled widowers at age 60 will also gain benefits, aligning with widows by 1975.
MENTIONED IN THIS ARTICLE
A. Duane
Social Security Office