Jobless at Retirement
Friday, July 01, 2005
- Organization: Economic Policy Institute
- Link: http://weeklydigest.c.topica.com
According to the Economic Policy Institute some policy makers have suggested that raising the retirement age would address the projected long-term gap in Social Security finances by inducing Americans to work long and postpone claiming their benefits. This recommendation, however, ignores the fact that a large number of workers lose employment before they reach Social Security.
