Have People Delayed Claiming Retirement Benefits? Responses to Changes in Social Security Rules

Source: Jae Song, Joyce Manchester, Congressional Budget Office, Working Paper Series, 2008-4, May 2008

Two changes have been made recently to rules governing the Social Security program:

The retirement earnings test was eliminated in 2000 for people aged 65-69, and the full retirement age (FRA) for people born in 1938 or later was scheduled to gradually increase in two-month increments until reaching age 67.

This paper examines changes in the age at which people claim Social Security retirement benefits in response to those changes. Data comes from a 1 percent sample of administrative data from the Social Security Administration for 1997 to 2007.

Leave a Reply