The Worldwide Debate Over Raising The Retirement Age

In the U.S., some Republican lawmakers are proposing to raise the age of eligibility for full Social Security benefits, provoking withering criticism from President Biden and many Democrats. But the debate over when government should begin paying retirement benefits isn’t just a controversy here. It is happening all over the world.

French President Emmanuel Macron has proposed gradually raising the retirement age from 62 to 64, Belgium is debating a plan to base benefit eligibility on years of work rather than age. And China’s new premier Li Qiang hinted that his government may raise the retirement age there by an unspecified period.