Lowering the Heat Around Raising Retirement Age

In commentary to the San Francisco Chronicle, Gene Steurle asserts that all the following myths about Social Security retirement ages are wrong: (1) Increasing the retirement age will reduce benefits; (2) Increasing the retirement age discriminates against lower-income workers with shorter life expectancies; (3) Increasing the retirement age makes Social Security reform regressive; (4) Social Security Old Age Insurance goes to the old; and (5) the elderly need to fear such Social Security reforms as increasing the retirement age.

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