You and all of those born between '51 and '55 will be the new "Notch babies". My guess is you will be fighting for your money to no avail just like those older Americans now known as Notch Babies.
(BY ROBERT J. MYERS)
"For some years, the complaints of the Social Security notch babies have been heard throughout the land. This group, consisting of those born during 1917-21, complains that their Social Security benfits are lower than those of persons who were born either before them or after them. To a certain extent they are correct, but only in comparison with persons born before 1917 who worked substantially after age 62.
The notch situation is an unfortunate one and is due to a technical flaw in the law, which was not intentional. Regrettably, it was not corrected when discovered shortly after the legislation containing it was enacted in 1977. The problem is not that the notch babies are getting too little--they are receiving equitable and reasonable benefit amounts. Rather, some persons who were born before 1917 (and who worked well beyond age 62) are receiving windfalls and bonanzas. To increase benefits for the notch babies would merely create new inequities and notches as to those born in other years. To decrease benefits for those born before 1917 who are receiving windfalls would be unfair at this point in time.
The new catastrophic Medicare benefits enacted on July 1, 1988 (the Medicare Catastrophic Coverage Act, P.L. 100-360) has produced a notch situation of significant degree. This notch affects not merely a single group of persons born in a particular period, but rather many persons in all future years. Further, it affects not only living persons, but also the survivors of deceased Medicare beneficiaries!"
http://thomas.loc.gov/cgi-bin/query/z?r101:E01MR9-166: