Here's a thought--the first baby-boomers, born in 1946, became FRA age 66 in 2012, which is when recipients started to decline. This would correspond with benefits being switched from DIB to RIB at FRA. As each subsequent age group reaches FRA, those on disability age out to RIB. The number of applications and awards may additionally be affected by the long-term poor economy, in that many people never made it back into the workforce and are no longer insured for DIB.
2 comments:
Here's a thought--the first baby-boomers, born in 1946, became FRA age 66 in 2012, which is when recipients started to decline. This would correspond with benefits being switched from DIB to RIB at FRA. As each subsequent age group reaches FRA, those on disability age out to RIB. The number of applications and awards may additionally be affected by the long-term poor economy, in that many people never made it back into the workforce and are no longer insured for DIB.
good point.
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