Assume that Josephine, a worker born in 1939, decided to retire on her 62nd birthday (40 months before her full retirement gel. Assume that her PIA would have been $1,429.20 at age 65 and four months, her full retirement age. If she retires at age 62. what is her monthly retirement benefit?

Retirement Reduction:

First 36 months 1/180 for each month of early retirement up to 36 months early

After 36 months: 1/240 for each month of early retirement greater than 36 months up to 24 months

Assume that Josephine worker born in 1939. decided to retire on her birthday 640 months before her full retirement Assume that he would have been $1.429.70 atare 65 and four months, her full retirement age. If she retires at age 2 what the monthly retirement benefit Retirement Reduction First 36 months 1/100 for each month of early retirement up to 36 months early A 36 months 1/240 for each month of early retirement creater than 36 months up to 24 months $1.119.00 517388