WASHINGTON — An influential group of CEOs is pushing a plan to gradually increase the full retirement age to 70 for Social Security and Medicare and to partially privatize the health insurance program for older Americans.
The Business Roundtable’s plan would protect those 55 and older from cuts, but younger workers would face significant changes. The plan, unveiled Wednesday, would result in smaller annual benefit increases for all Social Security recipients. Initial benefits for wealthy retirees would also be smaller.
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How about requiring Congress participate in SSI vs. their private plan