Social Security Reform: Implications of Raising the Retirement Age

Pursuant to a congressional request, GAO provided information on the potential costs and benefits associated with higher retirement ages, focusing on: (1) Old-Age and Survivors Insurance (OASI) and Disability Insurance (DI) Trust Funds and the Supplemental Security Income (SSI) program; (2) the labor market for older workers; and (3) vulnerable population groups such as blue-collar workers and minorities.