Social Security Administration (SSA) retirement age to be able to be eligible to receive old age benefits is now at 60 years old.
This was contained in a measure signed yesterday into law by President Remengesau. [restrict]
RPPL 10-03 fixed the inconsistencies to the existing law by fixing the retirement age for SSA benefits.
Adjusting the age of the retirement eligibility was a rider in the law that increases the salaries of the members of the Supreme Court.
Under the 2017 Unified budget, $2,000,000 was appropriated to pay the additional $50 benefit to retirees each month as alternative to Senior Citizens Discount. [/restrict]
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