From Sean Williams writing in the Statesville Record and Landmark:
... Between 1995 and 2016, more than 70% of retired workers receiving a [Social Security retirement]benefit had their payout reduced for early retirement. ...
But as of December 2019, 67.3% of the close to 45.1 million retired workers receiving a benefit had their payout reduced. That marks the ninth consecutive year that early retirees declined as a percentage of total retired workers. ...
in the last several years the actual medical severity needed in the record to obtain a "light RFC", or 4hrs s/w, or an SRT MRFC has been dropping. The reasons for this can be debated, but it's rather obvious to those that review allowances.
ReplyDeleteThis would tend to put more 55+ on DIB and less of them would ever take a reduction.
Could easily account for the small drop reported above.
What people age 62+ in the earlier periods noted were on DIB? what percent were in the later periods? Is there any evidence that people wait longer to apply for rib? what percent? Do the numbers on DIB already, account for a drop (if there is one)?