November 24, 2010
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Page 19
Raising Retirement Age Hurts
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Savings would
be offset by
more disability
claims
( AP) - Raising the retirement age
for Social Security would dispro
portionately hurt low-income work
ers and minorities, and increase dis
ability claims by older people un
able to work, government auditors
told Congress Friday.
The projected spike in disability
claims could harm Social Security's
finances because disability benefits
typically are higher than early retire
ment payments, the Government
Accountability Office concluded.
The report provides fodder for
those opposed to raising the eligi
bility age for benefits, as proposed
by the leaders of President Barack
Obama's deficit commission.
"There's more to consider than
simply how much money the pro
gram would save by raising the re
tirement age," said Sen. Herb Kohl,
D-Wis., chairman of the Senate Spe
cial Committee on Aging. The re
port shows an unequal effect on
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Trays o f printed social security checks wait to be mailed from the U. S.
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certain groups of people, he said,
and many of them "would have little
choice but to turn to the broken
disability program."
Under current law, people can
start drawing reduced, early retire
ment benefits from Social Security
at age 62. Full benefits are available
at 66, a threshold gradually increas
ing to 67 for people who were bom
in 1960 or later.
The deficit commission's lead
ers, Democrat Erskine Bowles and
Republican Alan Simpson, last week
proposed a gradual increase in the
full retirement age, to 69 in about
2075. The early retirement age would
go to 64 the same year.
Under their plan, the new thresh
olds wouldn't be fully phased in
until today's 4-year-olds are ready
to retire.
A ARP criticized the recommen
dations and House Speaker Nancy
Pelosi, D -C alif, called them "unac
ceptable." Experts, however, warn
that Social Security is on a finan
cially unsustainable path that will
worsen as people live longer and
collect more benefits.
For many workers, reducing early
retirement payments or delaying
eligibility would provide an incen
tive to put off retiring, resulting in
more earnings and potentially more
savings for later in life, according to
the watchdog agency's report.
But it "could create a financial
hardship for those who cannot con
tinue to work because of poor health
or demanding workplace condi
tions," the report said.
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THE
SPINA COLUMN
EMMANUEL
C h u r c h o f G o d in
An ongoing series of questions and answers about Am ericas natural healing profession
C h r is t U n ite d
Part 30. Genuine Benefits of Chiropractic Help
4800 NE 30th Ave. Port
land OR 97211
Sunday Service
Sunday School 10:00 A.M
Y.P.C.E.6:30P.M
: Can a ch iro p racto r re
ally help my problems?
A : You have no doubt heard
how chiropractors helped a
friend’s headaches, neck pain,
neck stiffness, back pain or fa
tigue?
But, it is perfectly normal for
you to wonder whether a chiro
practor can really your particular
problems. Your headaches. Your
neck pain and/or stiffness. Your
back pain or other symptoms. Prob
lems you may have had for some
time.
Q
503-335-8772
You are cordially invited
to worship with us in
these services:
TM
Pastor & Wife -
Bishop & Mrs. A.L. Wright
Worship Service 12:00 Noon
Evangelistic Service 7:00 PM .
Weekday Service
Tuesday Night: Bible Study 7:00 PM .
Friday Night: Regular Service 7:30 PM .
Prayer Meeting & Seminar: Monday - Friday 12:00 Noon
The truth is, doctors of chiro
practic are extremely successful at
eliminating many symptoms. Often
more quickly and effectively than
other healing methods.
But, your doctor of chiropractic
can do so much more for you than
just treating symptoms. Your chiro
practor is concerned with making
sure your entire body is function
ing properly. Therefore, your chi
ropractor goes beyond treating
your immediate symptoms to make
sure your body is still functioning
efficiently. That is the only way
true health can be achieved.
But we aren’t the only ones
who have said it. Chiropractic has
been accepted by the ultimate
authority; you the people.
Flowers' Chiropractic Office
2124 N.E. Hancock Street, Portland O regon97212
P h o n e: ( 5 0 3 ) 2 8 7 -5 5 0 4