Tag: normal retirement age

A miniature man and a miniature woman sitting with a baby on top of a stack of coins

Paid parental leave is a good idea, but this isn’t the way to do it.    I had hoped that the proposal to use Social Security to finance parental leave had died.  Unfortunately, Senator Rubio’s “Economic Security for New Parents Act” appears alive and well and was just scored by the Social Security actuaries.  T…

June,1,,2019,,Brazil.,In,This,Photo,Illustration,The,Social

Abstract While Social Security’s Normal Retirement Age (NRA) is increasing to 67, the Earliest Eligibility Age (EEA) remains at 62.  Similar plans to increase the EEA raise concerns that they would create excessive hardship on workers that are worn-out or in bad health.  One simple rule to increase the EEA is to tie an increas…