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This is a very small step in the right direction. It's only a 2year decrease, from 62 to 60, and applies only to workers who began their working lives when they were teenagers.
This is actually a very wise policy at a time when unemployment is high and the workers facing retirement are members of the "Baby Boom" cohort. Moving some of them toward a somewhat earlier retirement simply makes room for younger workers who are now having a hard time finding a job.
John
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