Legal Commentary

Should The Retirement Age Be Raised To 67? (Psst. It already Has Been Raised To 67)

By Big Tent Democrat

While John Boehner's walkback of his call to raise the retirement age to 70 is properly the headline from his appearance on Eliot Spitzer's show last night, but Boehner's, and part of the Media, obliviousness regarding what the retirement age is already scheduled to be is alos important. Reporting on Boehner's walkback, The Hill writes:

[Boehners's] comments walk back remarks from late June, when he said the retirement age would eventually need to be raised by five years, from 65 to 70.

(Emphasis supplied.) FTR:

Full retirement age (also called "normal retirement age") had been 65 for many years. However, beginning with people born in 1938 or later, that age gradually increases until it reaches 67 for people born after 1959.

Full post as published by TalkLeft on January 27, 2011 (boomark / email).