via CEPR.
Related Reading:
Raising the retirement age IS a benefit cut to Social Security beneficiaries.
via CEPR.
Raising the retirement age IS a benefit cut to Social Security beneficiaries.
See more posts like this on Tumblr
#politics #election #retirement age #social security #entitlements #retirement #retirees #elderly #p2 #seniors #entitlement reform #election 2016 #2016 election #social insuranceWhen a candidate promises to “save these programs for future generations” by raising the retirement age, raising the Medicare eligibility age, privatizing Social Security, changing the COLA formula and means-testing Social Security while exempting near retirees what they’re actually saying is: “We know seniors vote so we’ll protect them now and slash future benefits for their children and grandchildren instead.
Raising the age at which you can claim Medicare benefits by a year or two, for example, lops off a far larger share of the expected retirement period of a poor person than a rich one.
via VOX.
Proposals to increase Social Security’s retirement age are beginning to resurface. The notion is that if people are living longer, they can work longer.
But the retirement age has little to do with how long people work, and a lot to do with how much money they get. Increasing the retirement age is a benefit cut.
via Market Watch.
As part of its effort to keep the public apprised of the facts underlying policy prescriptions, the Center on Budget and Policy Priorities has issued a new primer deconstructing one of the oft-heard ideas to improve Social Security’s finances: raise the retirement age.
via Los Angeles Times.
Want to know where GOP Presidential Candidates stand when it comes to raising the retirement age?
Click here.
Workers can claim as early as 62, but face a permanent reduction of benefits for every year they file before full retirement age of 66 (soon to be 67). Even so, nearly half of American workers claim Social Security benefits at 62, and a cumulative 60% claim before full retirement age – electing to accept a significant loss of income for the remainder of their lives.
“I think we need to raise the retirement age, not for people that are already nearing, receiving Social Security, or already on it, but raise it gradually, over a long period of time for people that are just entering the system,” Bush said. “And I think we need to do that in relatively short order.”
via National Journal.
Support for Expanding Social Security Grows & Right-Wingers Panic.
Gov. Chris Christie, as your President, will raise the retirement age which is a cut to Social Security.
During the 2016 campaign, a number of presidential candidates have proposed raising the retirement age to 70. Others want to raise the retirement age a bit less, and some don’t favor raising it at all.
When candidates talk about “raising the retirement age,” what they are referring to is the Social Security Full Retirement Age (SSFRA). This is the age at which retirees can begin receiving full Social Security benefits. Starting at age 62, retirees can receive partial benefits.
via CEPR.

During these next few months, we’ll be profiling potential and current Presidential Candidates and their future plans for Social Security & Medicare.
Today, we concentrate on Jeb Bush and his comments on raising the retirement age which is a benefit cut.
