Life expectancy should be on moving scale
Janice Ayes Column on June 20 fears the reality of changes needed to make Social Security viable.
The right solution is to make the new retirement age indexed to Average Life Expectancy minus a constant number of years (perhaps 8).
So the ALE age of 78 in her example would become new retirement age of 70. The key is it would change every year, up or down, based on the data. Some changes might be needed in SSI to bridge people with worn out bodies to the new retirement age. The indexing idea …