New proposal would lower Social Security’s full retirement age to 60 for some workers

A new proposal suggests lowering the Social Security full retirement age to 60 for certain workers. This initiative contrasts with legislation passed by Congress in 1983, which aimed to gradually increase the FRA. That previous legislative action was designed to align the retirement age with observed increases in life expectancy. The current proposal seeks to provide earlier access to benefits for some individuals, modifying the existing framework established decades ago to manage the Social Security system.