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Retirement Plan Legal Specialist Pentegra
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| Issue Brief (Update): Raising the Retirement Age for Social Security (PDF) American Academy of Actuaries  Oct. 22, 2002 8 pages. Excerpt: The law was changed in 1983 to increase the NRA gradually beginning in 2000, from age 65 to age 67 ... Raising the NRA further could significantly improve Social Security's financial status. Some reform proposals include an accelerated increase of the NRA to 67 and/or an increase in the NRA beyond age 67.... [S]uch a change could go a long way toward restoring the Social Security program to long-range actuarial balance (i.e., solvency for 75 years) and sustainability. |
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