Raising retirement age for Social Security would impact disability payments

By Laurel Adams

While policymakers debate how to keep Social Security solvent over the long-term, a Government Accountability Office report says there could

Excerpts from this story referencing "disability insurance":

"… h is now 62 years old, would hurt the program’s overall solvency because disability insurance costs would rise while expected retirement benefits would remain the same, …"

"… , the GAO said. Changes could also create a financial incentive to rely on disability insurance than to keep working until a later age.In addition, postponing or lowering …"

"… l hardship for workers who have medical conditions that do not qualify for disability insurance or for workers who lose their jobs, the report said. Disability rates incr …"