SS says can’t implement new law to pay full benefits to 60 yr old retirees
Cites lack of actuary study and unclear language that creates differential treatment
By: L.N. Reklai
January 26, 2017 (Koror, Palau) Social Security Administration Board of Trustees have informed President Remengesau Jr. in a letter that they are unable at this time to implement Section 31 of RPPL 9-62, to lower the retirement age back to 60 from 62 without a report from the actuary.