this post was submitted on 28 Jul 2023
297 points (100.0% liked)
Politics
10186 readers
764 users here now
In-depth political discussion from around the world; if it's a political happening, you can post it here.
Guidelines for submissions:
- Where possible, post the original source of information.
- If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.
- Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.
- Do not post ragebait or shock stories. These will be removed.
- Do not post tabloid or blogspam stories. These will be removed.
- Social media should be a source of last resort.
These guidelines will be enforced on a know-it-when-I-see-it basis.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
That's how I interpreted it too. Just because we're living longer doesn't mean our capacity for work is stretching further. My knees are already going out and I'm not near retirement age. I don't want to be stuck working longer, hating every moment of it, knowing that all this means is now I won't actually get to enjoy retirement
To play devil's advocate, when Social Security was established (bringing with it the concept of a "retirement age"), the age of eligibility was deliberately set such that less than half of Americans would live long enough to draw on it. The clear expectation was that you would work until you couldn't anymore.
That said, in an era when changes in life expectancy are starting to take on a K-shaped distribution and labor force participation has been on a long steady decline, tying governmental income support to age and employment duration is becoming distributionally regressive. I'd much rather have some sort of UBI system that everyone can benefit from.