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Which of the following statements concerning the Social Security system is (are) correct? Workers entitled to retirement benefits can currently take early retirement benefits as

Which of the following statements concerning the Social Security system is (are) correct?

  1. Workers entitled to retirement benefits can currently take early retirement benefits as early as age 55 if they are separated from service.
  2. A worker who takes early retirement benefits will receive a reduced benefit because he or she is expected to receive more monthly benefit payments, as payments commence earlier than if the worker had waited and retired at full retirement age.

A.

1

B.

2

C.

1 and 2

D.

neither 1 nor 2

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