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Old 12-06-2013, 08:44 AM
 
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Should we consider raising our pension age since social security is projected to go bankrupt.

Britons face rise in state pension age to 68 by mid-2030s | Reuters
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Old 12-06-2013, 08:46 AM
 
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This has been brought up before and the Left leaners didn't like the idea at all. Most likely because a R proposed it. But now that Britain is considering it they will probably be for it.
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Old 12-06-2013, 08:48 AM
 
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Quote:
Originally Posted by gretsky99 View Post
Should we consider raising our pension age since social security is projected to go bankrupt.

Britons face rise in state pension age to 68 by mid-2030s | Reuters
the united states doesn't have a state pension.

but no, i don't support raising the SS age, because it isn't necessary.

if you're worried about funding, then raise the income cap on the payroll tax, and institute more strict means-testing. problem solved.
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Old 12-06-2013, 08:51 AM
 
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Raise the age, then raise the cap or get rid of the cap altogether.

But only raise the age? Nope...no dice. Pain should be felt by everyone.
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Old 12-06-2013, 10:19 AM
 
2,672 posts, read 2,209,711 times
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Boehner threw out the idea of raising SS to age 70 and it disappeared the next day. The Republican base is very dependent on Medicare and SS. A deal probably could have been done on SS and Medicare but it would have mean raising taxes or raising the cap on SS earnings. Thanks to the Grover Norquist pledge nothing can be done with raising taxes...now they are called fees.
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Old 12-06-2013, 10:24 AM
 
Location: Foot of the Rockies
85,250 posts, read 99,491,430 times
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Where've some of you been? The age for collecting full SS (the closest we have to a 'state pension') has been gradually rising.

Increase in Retirement Age
Full Retirement Age: If You Were Born Between 1943 And 1954
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Old 12-06-2013, 10:27 AM
 
Location: Vermont
10,104 posts, read 10,715,688 times
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Are you aware that the full retirement age for Social Security has already been increased?

Retirement Planner: Full Retirement Age
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Old 12-06-2013, 12:42 PM
 
Location: San Diego
33,140 posts, read 30,388,469 times
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It appears they are copying the US model not the other way around.
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Old 12-06-2013, 12:49 PM
 
Location: NJ
18,677 posts, read 16,559,852 times
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States and federal government employees should shift to 401K plans only.
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Old 12-06-2013, 12:51 PM
 
47,576 posts, read 59,072,673 times
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Yes, being on a government pension doesn't make you any better than private sector employees. No pension fund should be bailed out, and no taxpayer should have to subsidize the extremely early retirements and big fat checks of former government employees.

Let those on government pensions have to work as long as those in the private sector and let their monthly checks be the same size as social security checks are to the private sector.
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