At a less extreme level the transition issues created by a hypothetical Internal Revenue Code of 2013 will keep me occupied until my normalretirementage in 2018.
The increase in the normalretirementage from 60 to 67 for public sector workers has not led to significant savings in the cost of public-sector pensions for taxpayers, a leading pensions consultant calculates.
For those reasons, Pickle's bill, while raising the age for full benefits to 68, would have permitted retirement at 64% of normal benefits at any age after 62.