Population Aging: A Comparison Amongst Industrialized Nations
The share of workers claiming early retirement advantages beneath Social Safety has also elevated considering that the 1960s . Today, about 58 percent of retirees take advantages at the earliest feasible age of 62. The concern amongst policymakers is that early retirement results in permanently lowered added benefits. For instance, the monthly benefit for today’s new retirees is reduced 25 % if claimed at the early eligibility age of 62. Despite promising recent developments, such as the modest reversal of…