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I haven't done the calc'alatin' but doesn't this make a case for just setting the "retirement age" at 62 and not stringing people along with increases if they work longer? Might even help the unemployment rate to a minor extent if more folks just bow out earlier?

That was certainly one of the intentions behind the original Social Security enactment. In the Depression, this was thought to encouratge older workers to get permanently out of the work force and make room for younger people. I don't know why they ever started letting people collect SS while they are still working.

Count Uptoten
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