<<If you delay your benefit, then based on your age you will see that benefit increase 6% per year for every year up to age 70 that you delay beyond age 65.>>This is correct. It is actually calculated on a monthly basis so you can calculate 1/2 of 1% for each month after 65 that you don't RECEIVE ANY PAYMENT. If you get even a partial payment for any month, you don't get the 1/2 of 1% for that month.
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