Social Security retirment age is not 65

Fer Elvis’ sake! I can’t bear it any more.

What we hear: the eligibility age for full Social Security benefits is 65. Why, we all know that; it’s SS 101. And we also know that based on that, one of the popular ‘solutions’ to our non-existent SS problem is “raise the age to 67.”

FACT: The age for full benefits hasn’t been 65 since 2005.  At that point, based on the 30-year formula worked out by Ronald Reagan and Tip O’Neill and passed into law by Congress, the age began adjusting upward by two month increments each year, beginning in 2005. By 2016, the age will be 67. By law. Passed 28 yeas ago.

We need to get the word to our press and our legislators. Before they hunker down to write legislation, they really need to know this:

The social security age is not 65 any more.

4 responses to “Social Security retirment age is not 65

  1. Full benefits is at 66 years of age, and partial is is still 62 years of age.

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    • It’s 66 right now. I was 65 and 10 months; my younger sister was 66.

      And yeah, early retirement is still 62, but people get a smaller percentage of the full amount than they used to.

      (By the way, there’s been no COLA since 2008)

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  2. Thank you. Please consider yourself The Source of enlightenment.

    Don’t expect Congress to come checking. :(

    Like

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