Raise Retirement Age To Save Social Security?
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Raise Retirement Age To Save Social Security?
One group in Washington says it’s the way to keep Social Security from going belly-up.
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(August 1, 2008)—One influential group says the way to keep Social Security from imploding is to make future recipients wait longer for their benefits.

The American Academy of Actuaries advises policymakers on risk and financial security issues.

The Academy wants any potential solution offered up by the White House and lawmakers to include raising the retirement age, noting that “future recipients will probably live longer anyway”.

Currently, the retirement age range is 65-to-67-years-old.

The Academy provided The Associated Press with an advance look of its recommendations Thursday; it plans to make the recommendations on Monday.

The next president and a new Congress will come under increasing pressure to act to fix the Social Security system.



Latest Comments

Posted by: Black Sheep Location: Waco on Aug 8, 2008 at 08:45 AM

The reason our government screws us is because they CAN. Someone earlier posted about French people protesting,why don't Americans protest? Because we are too fat and lazy to do anything but sit behind a computer and complain! The government knows that whatever they do people may not like it, but they won't do anything about it. We are just a bunch of sheep waiting to be told what to do.
Posted by: Wisest one of all Location: Earth on Aug 7, 2008 at 07:20 PM

To You & Me and Mary. Get off of the welfare and get a job!! That or go back to Mexico and leave MY country to the US citizens. BTW, apparently since both of you are posting as well. You BOTH are collecting welfare. Proven fact!
Posted by: Mac Location: TX on Aug 7, 2008 at 05:35 PM

To Mary: Oh, mary, mary quite contray, don't trim our little conversation. Don't run off and start with Wisest. I can sit at home all day if I choose. I have already made mine. If you were productive person who could be your own boss, oh thats right, your to busy on the pc instead working more hours. At that rate you will never get there! Oh by the way, I don't hire illegals, so guess what, they don't make my living, ha ha. You said you don't sit on your ... at home, how the hell do you sit? Apparently, it has caused brain damage. Change ends, you might get a different outlook on life!
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