This paper examines recent U.S. Census Bureau data on labor-force participation among Americans age 55 and older, which includes both the near elderly (ages 55-64) and the elderly (64 and above). The first section uses annualized data on labor-force participation from the Current Population...

An investigation of the impact of the assumed value of the labor force participation rate on the Old-Age, Survivors Insurance and Disability Insurance (OASDI) trust funds' actuarial balance finds that further changes to the Social Security program - beyond increased participation - will be...