Navigation Links
Aging authorities differ on tweaks to Social Security's benefit structure

Experts agree that financial constraints and an aging population will require America to modify its Social Security system, but some also find that pushing back the eligibility age could be a major concern for those who rely on the program the most. The consequences both positive and negative of making the country's seniors wait to start claiming benefits are presented in the latest installment of the Public Policy & Report (PPAR) from the National Academy on an Aging Society, the policy institute of The Gerontological Society of America (GSA).

The articles in the new PPAR, titled "To Raise or not To Raise: The Social Security Retirement Age," reflect the interdisciplinary strengths of GSA's membership; the authors offer the perspectives of biologists, social scientists, women, and other minorities.

"Older workers say they want and expect to work in retirement, and the proportion remaining in the labor force at older ages has been growing," said GSA Public Policy Chair Sara Rix, PhD. "Workers are not, however, necessarily enthusiastic about being required to wait longer to receive their full Social Security benefits, a fact that policymakers will want to keep in mind as they grapple with the pros and cons of raising the retirement age."

The earliest age at which an individual can claim Social Security benefits is now 62. Those born after 1960 can receive full benefits at age 67. Since the program began in 1935, the average life expectancy in the U.S. has increased by almost 16 years, with life expectancy at age 65 increasing by nearly five years. Similarly, the PPAR points out that the share of seniors reporting themselves in poor health has also dropped over the past several decades. One article in the issue demonstrates that delaying retirement can have physical and financial benefits, pointing to studies that show that working longer can reduce morbidity and improve health. When people work longer, they generate additional payroll and income tax revenue and reduce the Social Security deficit.

"Fostering longer work lives can be a win-win situation for workers, employers, and the economy," Rix said. "However, raising the age of eligibility for Social Security would be a benefit cut with a disproportionate impact on some of society's most vulnerable older workers.

The PPAR finds that increasing the normal retirement age could be detrimental to a number of women, minorities, and low-income workers, especially if their occupations become too physically demanding in old age. In addition, the system may prove unfair to African Americans who typically have shorter lifespans than Hispanics and non-Hispanic whites, and who thus would pay years into a system from which they might not benefit for as long.


Contact: Todd Kluss
The Gerontological Society of America

Related medicine news :

1. Neuroimaging study may pave way for effective Alzheimers treatments
2. SNMs Conjoint Mid-Winter Meetings continue to advance molecular imaging
3. Medical Imaging Northwest Completes Phase I of Its Healthcare IT Integration to Maintain Patient Care Improvements
4. Less is more in cancer imaging
5. Imaging manufacturers: Plan to reduce unnecessary radiation exposure and medical errors
6. National Council on Aging Releases Survey on Medical Imaging Safety
7. Statement from Larry Minnix, President & CEO, American Association of Homes and Services for the Aging, on President Obamas Health Care Reform Proposal
8. Sytropin HGH Shows Promising Anti-Aging Results
9. Artists, Product Designers, Printing Gurus, Game Developers, Manufacturing Engineers Will Converge at RAPID 2010/3D IMAGING Conference/Expo, May 18-20 in LA
10. WellNet Supports HPM Institute Director in Calling for More Active Enterprise Involvement in Managing Healthcare Quality and Costs
11. Proton beam therapy shows encouraging long-term outcome for patients with locally advanced sinonasal cancers
Post Your Comments:
(Date:6/25/2016)... ... June 25, 2016 , ... On Friday, June 10, ... Bronze Wellness at Work award to iHire in recognition of their exemplary accomplishments in ... the 7th annual Maryland Workplace Health & Wellness Symposium at the BWI Marriott in ...
(Date:6/24/2016)... ... June 24, 2016 , ... June 19, 2016 is World Sickle ... chronic pain and the benefits of holistic treatments, Serenity Recovery Center of ... Sickle Cell Disease. , Sickle Cell Disease (SCD) is a disorder of the red ...
(Date:6/24/2016)... Francisco, CA (PRWEB) , ... June 24, 2016 ... ... CitiDent, is now offering micro-osteoperforation for accelerated orthodontic treatment. Dr. Cheng has extensive ... self-ligating Damon brackets , AcceleDent, and accelerated osteogenic orthodontics. , Micro-osteoperforation ...
(Date:6/24/2016)... ... June 24, 2016 , ... EB Medicine ... Making in Emergency Medicine conference in Ponte Vedra Beach, FL. The awards honor ... Emergency Medicine Practice and Pediatric Emergency Medicine Practice. , “With this ...
(Date:6/24/2016)... (PRWEB) , ... June 24, 2016 , ... National recruitment ... a life sciences executive with extensive sequencing and genomics experience, as Vice President of ... position, Ms. Hill will be responsible for leading the sales team in the commercialization ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... , , , WHEN: ... , , , , LOCATION: , , , Online, with ... , EXPERT PANELISTS:  , , , Frost & Sullivan,s Global Vice ... Senior Industry Analyst, Divyaa Ravishankar and Unmesh Lal, Program Manager , ... industry is witnessing an exceptional era. Several new demand spaces, such ...
(Date:6/23/2016)... Revolutionary technology includes multi-speaker listening ... industry leaders in advanced audiology and hearing aid technology, ... ™, the world,s first internet connected hearing aid that ...      (Photo: ) , ... ,world firsts,: , TwinLink™ - the first ...
(Date:6/23/2016)... 23, 2016 Research and Markets ... Volumes: Global Analysis (United States, China, Japan, Brazil, United ... to their offering. ... healthcare business planners, provides surgical procedure volume data in ... with an in-depth analysis of growth drivers and inhibitors, ...
Breaking Medicine Technology: