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Greetings, Fantom2, and welcome. You asked:

<<I was told several years ago that if I retired from ss work at 62, but didn't start collecting payments until 65, that I'd still only get the age 62 payment. Doesn't sound right. Is this true? >>

No, it is not true. Your benefit is based on your total work history. If you stop working entirely at age 62, you have a choice. Take the benefit then or wait until full retirement age. At full retirement age (65+ if you were born in 1938 or later)you have a benefit based on your work history that ended at age 62. If you take the benefit at age 62, though, you will only get about 80% of the benefit that would otherwise be payable at that full retirement age.

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