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Retirement Age and Social Security Reform: the Macroeconomic Effects of Working Longer
AARP Research Center 
Apr. 18, 2003
Excerpt: Many plans to restore long-term solvency to the Social Security system include a proposal to raise the age of eligibility for full retired worker benefits, known as the normal retirement age. The objective of this AARP Public Policy Institute Issue Brief by Satyenda Verma and Sara E. Rix is to determine how Social Security benefits, the trust funds, compensation, income, and savings would be affected if the labor force participation rate of older persons were to rise.
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