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GOP Considers Raising Retirement Age to 69

HeadlineJun 15, 2005

On Capitol Hill, Republicans are considering raising the retirement age to 69 for people who want to receive full Social Security benefits. Under current law, the age for retiring with full benefits is 65 years and six months. It is rising gradually until it reaches 67 for individuals born in 1960 or later. Sen. Charles Grassley — the Republican chair of the Senate Finance Committee — reportedly outlined the proposal last week for fellow Republicans.

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