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Podcast: Interview with David Neumark

MRRC researcher David Neumark, who is professor of economics at the University of California, Irvine, talks about the working paper he coauthored with Joanne Song titled “Do Stronger Age Discrimination Laws Make Social Security Reforms More Effective?” (WP 2011-249)

The Full Retirement Age Is Increasing

Full retirement age (also called "normal retirement age") had been 65 for many years. However, beginning with people born in 1938 or later, that age gradually increases until it reaches 67 for people born after 1959. The 1983 Social Security Amendments included a provision for raising the full retirement age beginning with people born in 1938 or later. The Congress cited improvements in the health of older people and increases in average life expectancy as primary reasons for increasing the normal retirement age. To find your full retirement age, go here: http://www.socialsecurity.gov/pubs/ageincrease.htm.

Transcript