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Bill would cut Social Security full retirement age to 60 for some jobs

The proposal would lower the full retirement age from 67 to 60 for people in physically demanding jobs, raising concerns about increased strain on the Social Security trust fund and a possible two-tier system, retirement experts said.

A new bill in Congress would lower Social Security’s full retirement age from 67 to 60 for workers in physically demanding jobs, according to retirement experts cited by MarketWatch.

Experts said the change could put additional strain on the Social Security trust fund that backs the program.

They also warned it could create a two-tiered system among workers, based on which jobs qualify for the lower retirement age.

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