“What you would do is, for those in their 20s coming into the system, we would change the retirement age so that it matches life expectancy,” 2024 GOP presidential candidate NikkiHaley said.
Haley, former United Nations ambassador and former governor of South Carolina, also expressed interest in limiting Social Security and Medicare benefits for wealthier residents of the U.S. in an interview on Thursday. Haley's position on reform follows weeks of President Joe Biden and Democrats attacking Republicans for trying to gut the programs.
Haley did not specify what the new age for the younger U.S. residents would be, only saying it would be"the new ones coming in." "It’s those in their 20s that are coming in," she said."You’re coming to them, and you’re saying the game has changed. We’re going to do this completely differently.” The earliest age a person can retire to start receiving monthly Social Security payments in the U.S. is 62. The amount of these payments will vary depending on when a person decides to retire, with those who choose to retire at a later age receiving higher payments than those who retire earlier, according to the Social Security Administration.Social Security and Medicare have been topics of debate among Republicans, as Biden has criticized Republicans for proposing cuts for both.
Gov. Ron DeSantis , seen by many to be a strong contender for the 2024 presidential election, has yet to announce if he will run. Despite this, he distanced himself on Thursday from his previous support of privatizing Social Security and raising the retirement age, according to CNN.
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