The Growing Gap in Life Expectancy May Affect Retirement Benefits and Reforms

NBR paper looks at how the growing gap in life expectancy may affect retirement benefits and reforms. There's a lot of like all stars here, Peter Orzag, Justin Wolfers, Bill Gail is on this paper. They explore should we lower the early retirement age, or raise the regular retirement age which are both cuts to social security. And they basically find none of this really moves the ball very much.