Funding Funding Issues Retirement Benefits Medicare Eligibility Criteria Eligibility Cost of Living Adjustments Funding Mechanisms Cost-of-Living Adjustment History Benefits Financial Implications Pension Income Payment Schedules Benefits Expansion Criticism Fraud Allegations Benefits Increase Maximum Earnings Maximum Benefit Trust Funds Purpose Challenges Financial Challenges Benefit Cuts Unfunded Obligations Tax Hikes Misconceptions Policy Advocacy Administration Actions Administration Unemployment Benefits Asignación Universal por Hijo Legislation Financial Assistance ANSES Pension Funds COLA Fonavi Benefit Payments INSS Benefits Cost of Living Adjustment Pensions Pension Programs Beneficiaries Beneficiary Support Income Replacement Economic Assistance Payment Distribution Financial Sustainability Taxation SNAP WEP and GPO Trust Fund Management Policy Analysis Funding Sources Public Workers Policy Changes Pension Systems Benefit Changes
The change pushes unreduced benefits later to sharpen the trade-off between quick income versus higher lifetime payments.