Hering, Martin; Klassen, Thomas R. - Department of Economics, McMaster University - 2010
age from 65 to 67 years. A discussion of this option is warranted not only because it could prevent future financing … of the current generation of workers, or should current workers share the costs by retiring at a later age? We conclude … that raising the normal age from 65 to 67 years—and the earliest age from 60 to 62 years—is a financially effective …