Should the Government Raise the Retirement Age?, A Debate
(eVideo)
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Published
[Place of publication not identified] : Open to Debate, [2023].
Format
eVideo
Language
English
Notes
General Note
Originally released by Open to Debate, 2023.
General Note
Streaming video file encoded with permission for digital streaming by Infobase on November 27, 2023.
Description
When Social Security began delivering payments to older Americans in 1940, the retirement age for eligibility was 65. At the time, the average life expectancy was 63. Today, average life expectancy is about 76, and most Americans can expect to live another 20 years after they retire. The United States also has a far higher proportion of elderly people--about 17 percent of the population--than it did when the program began. As a result of these factors, Social Security's cash reserves are expected to run out by 2034. If that happens, many Americans might see their benefits cut or delayed. To shore up the system, the U.S. government could raise taxes--never a popular idea--or raise the retirement age, thereby delaying when people begin receiving benefits. Supporters of raising the retirement age argue that people are now living longer and extending their careers a few more years would spur economic growth and help stabilize the Social Security cash reserves. Opponents argue that many Americans are unable to work longer and tat delaying benefits will force them to struggle to meet daily needs. Should the government raise the retirement age?
Target Audience
9 - 12
Language
Closed-captioned.
Local note
InfoBase Learning,Films on Demand: Master Academic Collection - US
Citations
APA Citation, 7th Edition (style guide)
(2023). Should the Government Raise the Retirement Age?, A Debate . Open to Debate.
Chicago / Turabian - Author Date Citation, 17th Edition (style guide)2023. Should the Government Raise the Retirement Age?, A Debate. [Place of publication not identified]: Open to Debate.
Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)Should the Government Raise the Retirement Age?, A Debate [Place of publication not identified]: Open to Debate, 2023.
Harvard Citation (style guide)(2023). Should the government raise the retirement age?, A debate. [Place of publication not identified]: Open to Debate.
MLA Citation, 9th Edition (style guide)Should the Government Raise the Retirement Age?, A Debate Open to Debate, 2023.
Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.
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Grouped Work ID
a4f84a52-7d16-9f95-193f-703bfc9e7132-eng
Grouping Information
Grouped Work ID | a4f84a52-7d16-9f95-193f-703bfc9e7132-eng |
---|---|
Full title | should the government raise the retirement age a debate |
Author | infobase |
Grouping Category | movie |
Last Update | 2024-08-13 14:31:09PM |
Last Indexed | 2025-01-30 02:28:14AM |
Book Cover Information
Image Source | default |
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First Loaded | Dec 11, 2024 |
Last Used | Dec 11, 2024 |
Marc Record
First Detected | Aug 13, 2024 02:37:15 PM |
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Last File Modification Time | Aug 13, 2024 02:37:15 PM |
MARC Record
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520 | |a When Social Security began delivering payments to older Americans in 1940, the retirement age for eligibility was 65. At the time, the average life expectancy was 63. Today, average life expectancy is about 76, and most Americans can expect to live another 20 years after they retire. The United States also has a far higher proportion of elderly people--about 17 percent of the population--than it did when the program began. As a result of these factors, Social Security's cash reserves are expected to run out by 2034. If that happens, many Americans might see their benefits cut or delayed. To shore up the system, the U.S. government could raise taxes--never a popular idea--or raise the retirement age, thereby delaying when people begin receiving benefits. Supporters of raising the retirement age argue that people are now living longer and extending their careers a few more years would spur economic growth and help stabilize the Social Security cash reserves. Opponents argue that many Americans are unable to work longer and tat delaying benefits will force them to struggle to meet daily needs. Should the government raise the retirement age? | ||
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