The term Full Retirement Age means the age at which the spouse of an employee with less than 30 years of railroad service can receive a full annuity (not reduced for early retirement).
If the employee has less than 30 years of railroad service, Full Retirement Age for spouses who were born before January 2, 1938, is age 65. The Full Retirement Age for persons born after January 1, 1938, will gradually increase over a 20-year period to age 67, as illustrated in Chart 3. Your tier II age reduction will remain at age 65 if the employee has any creditable railroad service before August 12, 1983. Otherwise, the Full Retirement Age for your tier II age reduction will gradually increase in the same manner as the Full Retirement Age for your tier I age reduction.
Chart 3 - Determining Your Full Retirement Age
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If you were born:
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Then your FRA is:
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Before 1-2-1938,
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65.
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1-2-1938 thru 1-1-1939,
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65 and 2 months.
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1-2-1939 thru 1-1-1940,
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65 and 4 months.
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1-2-1940 thru 1-1-1941,
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65 and 6 months.
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1-2-1941 thru 1-1-1942,
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65 and 8 months.
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1-2-1942 thru 1-1-1943,
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65 and 10 months.
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1-2-1943 thru 1-1-1955,
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66.
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1-2-1955 thru 1-1-1956,
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66 and 2 months.
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1-2-1956 thru 1-1-1957,
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66 and 4 months.
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1-2-1957 thru 1-1-1958,
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66 and 6 months.
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1-2-1958 thru 1-1-1959,
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66 and 8 months.
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1-2-1959 thru 1-1-1960,
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66 and 10 months.
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1-2-1960 and later,
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67.
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Note: Regardless of the number of the employee's years of railroad service, Full Retirement Age also affects tier I component work deductions.