The pension age, also known as the full retirement age (FRA) for Social Security benefits, varies depending on the year you were born. If you were born in 1960 or later, your full retirement age is 67. For those born between 1955 and 1959, the full retirement age ranges between 66 and 67, with the specific age being 66 plus a certain number of months based on the birth year. You can start receiving Social Security retirement benefits as early as age 62, but your benefit amount will be reduced if you start before your full retirement age. Delaying benefits from your full retirement age up to age 70 will increase your benefit amount

. If you were born in 1960 or later, your full retirement age is 67. For those born between 1955 and 1959, the full retirement age ranges between 66 and 67, with the specific age being 66 plus a certain number of months based on the birth year