8/5/2008: Actuaries Advocate Raising Social Security's Retirement Age (PDF) (American Academy of Actuaries)
2 pages. Excerpt: "Over the years, actuaries have evaluated numerous proposals to prevent [the program from being unable to pay timely benefits in full] from happening. Among the very many options that would alleviate the imbalance, one rises to the top of our list: raising Social Security's retirement age. As life expectancy increases, the percentage of workers' lives spent in retirement continues to grow, while the number of working years stays relatively constant. Inevitably, Social Security's costs will exceed what its scheduled financing will support. This is primarily a demographic problem that demands a demographic solution."
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