Was talking with an old FedEx friend who is about to get his pension at 55. He's decided to take the Social Security Leveling Option, which will give him more money up front but will reduce his pension when his full Social Security starts at 67. At 67 between SS and the leveling option he'll get approximately the same as the increased early payments, thus the "leveling" aspect of it. What I'm wondering is do you have to wait until 67 to take SS or can you take it early at 62 and later have your traditional pension reduced at 67? Anyone know? He said they used to have leveling options for 62 and 65 years but have eliminated them.