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Christie calls for raising eligibility age of Social Security, Medicare

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APRIL 14, 2015, 8:16 AM    LAST UPDATED: TUESDAY, APRIL 14, 2015, 6:35 PM

BY MELISSA HAYES
STATE HOUSE BUREAU |
THE RECORD

Governor Christie called for raising the eligibility age for Social Security and Medicare and suggested wealthier retirees forgo the benefits in a speech in New Hampshire Tuesday.

Christie unveiled a 12-point plan that includes reducing Social Security benefits for retirees earning more than $80,000 and eliminating them altogether for those earning more than $200,000.

The governor told a crowd of about 100 students and other attendees at St. Anselm College that the retirement age for social security should be raised to 69 and the early retirement age should be 64. And he called for the eligibility age for Medicare to be gradually increased to 67 by 2040.

https://www.northjersey.com/news/christie-calls-for-raising-eligibility-age-of-social-security-medicare-1.1308322

4 thoughts on “Christie calls for raising eligibility age of Social Security, Medicare

  1. for fire and police to, i hope.

  2. They don’t pay into SS so they are not eligible to collect. JERK.

  3. Yes lets do all that Gov. This way will have more money to give away for welfare, food stamps and tax refund check to illegal immigrants. I think he should change parties because he sure talks and act like a Dem. It doesn’t matter he has a snowballs chance in hell of wining the election.

  4. The proposal sounds pretty reasonable to me.

    Something I don’t think people are understanding is that Christie’s proposal, as I understand it, is to phase out SS benefits for people who make 80-200k DURING THEIR RETIREMENT. For most people, their income at retirement goes way down, and they have lowered their monthly expenses prior to retiring (house is paid off, kids are out of the house, etc.). They are living off cap gains and interest income from investments, and taking out smaller amounts yearly than they made when amassing those investments. If someone is receiving 200k per year in retirement, whether in the form of pension payments, withdrawals from 401k accounts, etc, they really don’t need the $40k per year or whatever in SS payments.

    It is also worth noting that it phases in, and doesn’t affect current retirees or even those close to retirement (I’m around 30 and it would just affect me).

    I consider myself a pretty conservative republican. I think this plan makes perfect sense. I would rather have an insurance plan that will be available for me if I end up needing it than a promise (that is unlikely to be honored) to pay me whether or not I need it.

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