The Social Security Retirement Age Proportional To Year Of Birth
The basic criteria for Social Security Retirement Age are the individuals birth date. Studies have revealed a fact that these days are more health conscious and thus life spans have increased. And as a counter reaction Social Security Retirement Age has been modified accordingly. People can enjoy the benefits of the service in proportion with their age. There is a section of individuals who prefer not to work after a certain age. They can take advantage of the services by planning for their future well in time. Social Security retirement age is one of the major factors kept in mind while formulating the plans for retirement as well as the age appropriate for retirement.
Earlier Social Security Retirement Age was fixed at sixty-five years for long, along with the option of getting premature retirement at the age of sixty-two in case an individual demanded for it. Though some benefits were accordingly reduced for them. People working in congress are given the charge of formulating various necessary aspects regarding the issue. Various informational surveys and study of social conditions have been...