👴💰 Major change to Social Security when?
👴💰 Major change to Social Security when?
7
260Ṁ338
2050
2,036
expected

What counts as a major change: Any change in social security policy that would alter the value of expected lifetime benefits by more than 25%

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10mo

What if changes are split into multiple separate changes with the same net effect?

10mo

@PatMyron then it would count as a major change, even if it's done over several modifications over several years.

11mo

So, given retirement age is 67 and life expectancy for people that age is 17 years, would a new healthcare program that led to a 5 year gain in life expectancy among the elderly count?

11mo

@derikk Good question. The spirit for it to count, it has to be legislation that directly modifies Social Security policy

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