Oregon Law Review : Vol. 89, No. 4, p. 1179-1256 : Social Security Reform: Should the Retirement Age Be Increased?
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Date
2011
Authors
Templin, Benjamin A.
Journal Title
Journal ISSN
Volume Title
Publisher
University of Oregon School of Law
Abstract
This Article reassesses the policy option of increasing the
retirement age, considering recently published studies on longevity,
capacity to work, labor force participation, and poverty rates.
Additionally, the Article considers recent work in behavioral
economics in order to craft policy initiatives that result in a secure
retirement. Part I of this Article analyzes the funding crisis facing
Social Security and puts it into the context of the larger budget
challenges facing the federal government. Part II discusses the
history of retirement age provisions in the Social Security Act and
presents a descriptive analysis of the current law. Part III considers
the main arguments—pro and con—concerning the retirement age as well as an analysis of values that should guide reform. The extent to
which the Social Security deficit is affected by various proposals is
discussed in Part IV, and Part V analyzes the economic effects on
workers. Employment trends and ability to work are analyzed in
Parts VI and VII, respectively. Last, policy recommendations are
made in Part VIII.
Description
78 p.
Keywords
Social security
Citation
89 Or. L. Rev. 1179 (2011)