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Women Face Reduced Social Security Benefits Before 65
New rules let women draw pensions at 62 but with reduced rates for life. Widows receive 75 percent of the age 65 benefit, with gradual increases for each month earlier retirement. If both spouses are max earners, couples see lower early benefits but similar long-term totals. About 300,000 working women, 300,000 wives, and 200,000 widows may apply in year one as checks start in four months. Officials warn a large early rush to district Social Security offices.
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Social Security Administration