Effect of policy change on retirement behavior of workers

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Reference no: EM131192239

Congressman Snicker has proposed a bill that would increase the number of years of earnings counted when computing the Social Security Average Indexed Monthly Earnings amount from 35 to 40.

What would be the effects of this policy change on the retirement behavior of workers?

Would the Social Security trust fund balance increase or decrease? Why?

Reference no: EM131192239

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