Tuesday, November 23, 2010

Should public retirement age be hiked past 60?

Should public retirement age be hiked past 60? - OC Watchdog : The Orange County Register
"So the good states of the Union are starting to face up to the fact that they can’t afford to pay the pensions and other benefits they’ve promised to retirees.

Oops.

We told you earlier about how the Pew Center on the States has released a new nationwide review of how states are mobilizing to battle their coming $1 trillion pension tsunami,

And we note that while California has raised the retirement age for most employees from 55 to 60, other states have raised it to 62, and even 67.

Some note that Social Security doesn’t fully kick in until you’re 67.

What do you think? (You might want to ponder the charts below, from a Pew report, before you cast your vote.)"

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