Posted on 01/17/2023 9:24:09 AM PST by 6thavenue
Republican Rep. Rick Allen of Georgia suggested last week that he would support raising the Social Security retirement age—a policy change that would slash benefits across the board—because people have approached him and said they “actually want to work longer.”
Confronted by an advocate in the Capitol Building and asked how the GOP plans to cut Social Security, the congressman responded, “We’re not going to cut Social Security.”
But seconds later, Allen contradicted himself by expressing support for raising the retirement age, saying the move would “solve every one of these problems”—not specifying what the “problems” are from his perspective.
(Excerpt) Read more at alaska-native-news.com ...
You can apply for and collect SS retirement benefits at age 62 and you can still work a W2 wage job to the extent of being overpaid by the SSA. However, there rules and guidelines to be followed. By FRA (Full Retirement Age) you can work all you want to without being overpaid. Look it up.
there’s only so many bigbox customer greeter positions...
I’ve always wondered why, given the fact that people are living healthier, longer, that the gov’t didn’t raise the age for SS. Seems like a year every 10 years would have been about right.
I’m 85 I took SS @ 62 because I wanted to get my money back before I or the gov crooked. Less payments I hoped to make up with my othe investments. Prob did not.
It is NOT an “attack on Social Security” to want to SAVE it. I’m a couple of years away from collecting. But realistically, I think they will have to raise the age limits again.
I’m retired military and worry that they may say, “Retired military already get money from the government so they don’t need to collect SS on top of it.” Two years away and I STILL don’t believe I’ll see more than 1/2 of what the government says I’ll get.
Pretty stupid to say people WANT to work until 70. I’ve thought about applying for a job at a fast food place just because...but lots of people work at jobs that are not fun, fulfilling or enjoyable. I think elites forget there are still people doing manual labor. A lifetime of it and the body starts to break.
Some people can find jobs at 55 or 65, but you are right that many companies won’t touch you at that age. My military specialty had no civilian equivalent and it was tough finding work at 55. At 65, I’m not sure McDonald’s would hire me....
You can receive Social Security retirement benefits as early as age 62. However, they reduce your benefit if you start receiving benefits before your full retirement age of 67.
Raising the age is a bad and losing argument, however, SS is not in a ‘lockbox’ and its always been a ponzi scheme in terms of funding.
You should have to contribute into SS in order to get retirement payments from SS. Anything else would just be welfare and redistribution. If we could get the government out of the SS business and SS contributions became just like 401k investments, then ‘the system’ would become solvent again. But instead government will let SS become another time bomb that will blow up at some point.
Invest in your own retirement. SS wont be there when you need it.
“SS will collapse in about 10 years unless something is done so there is that.”
Wrong.
See post 12.
You can’t “collapse” a government funded Ponzi scheme.
All you do is print more money and “fund” it.
The Republicans can only damage themselves with this issue—there is zero chance they can “fix” it.
“ SS will collapse in about 10 years”
Not true. Even with no increase in revenues, benefits will continue but at about 70 percent of current levels. That’s not a collapse. Under Rep Allen’s idea, though, many people would be dead before they could receive benefits because he’s pushing back eligibility into peoples 70s
Not me. Retired at 52. But if those that do want to work longer they still can.
The issue is gov’t spending. Put the social security money back and it’s good to go for almost forever.
How about making citizenship a requirement to collect any kind of social security benefit?
Rep Allen’s words weren’t twisted.
He only speaks for himself. But he is stupid to put it mildly.
Their is no support from even the Republican base to raise the retirement age or gut Social Security. This is political suicide to attempt this.
Try getting hired in your 60’s. Most people working after 60 have been with the same organization for many years or are self employed.
I forgot one thing. Republicans need to keep their traps shut about SS until they have a unified message.
Well if he is pushing to move it until you are in your 70’s than he is an idiot. Having benefits lowered to 70% may not be a collapse but it would be financial ruin for many.
That idiocy feeds right in to the Dem claims that the Pubbies want to cut SS and Medicare.
It is always a LOSE, LOSE position.
Not wonder Pubbies lose — they pick the wrong fights.
I am retired at 68 but I could go out and with my qualifications and instantly find a job as a building inspector and get hired faster than you can say "Permit Denied"
I can also get a truck driving job with my CDL but I would rather join Bidens military or the FBI than do that ( thats how bad I think truck driving is)
I'd rather just sit here in my jammies typing out futile worthless words and getting accused of being a Russian Sympathizer
Zero chance of that getting through the Senate.
That “want to work longer stuff” is nonsense, IMO.
I paid the max SS for as long as I can remember and I couldn’t wait. I even took the 62 years old option and took a 25% cut. Frankly, I was worn out after the 45 years of working - extensive travel in the last 30 years.
I can understand his wanting to cut the deficit, but the only people who want to work longer are likely those who are forced to, IMO. We can cut a crapload of other entitlements before that.
Indeed!
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