Younger workers are very worried that Social Security won't be...

Younger workers are very worried that Social Security won't be there for them when it's time to retire. Unfortunately so are workers in the middle of the baby boom generation. Credit: iStock

I think now a few things are becoming obvious, including the fact that the Social Security retirement age is gradually going to rise to 70, with the early retirement age probably raised to 65 ["Today's retirees don't have to worry about Social Security," Act II, June 18].

It's a fact that people are living longer, and that raising the retirement age would save a lot of money. I don't know one person in the 40-or-under age group that has any real problem with this.

It's also becoming clear that there will be some kind of means testing incorporated into the program. My question for Congress is, why not just get this done and put at least one battle behind us? Come up with a formula for gradually raising the retirement age, write a simple bill and get 'er done -- then move on to the next entitlement battle.

Just think of the good will both parties can promote and publicize when they actually work together to accomplish something that helps the deficit and debt problems.

Michael Biscuiti, North Massapequa

The article states that "as a legal matter," the Social Security Trust Fund is in a surplus position, and that is absolutely true. The qualifier -- as a legal matter -- is the red flag that says "spin."

For more than 40 years, Social Security taxes have been used to buy U.S. government securities. Now the trust fund holds $2.5 trillion in IOUs from the U.S. government.

If you put $100 in an envelope every week for 40 years, and every week you take out the cash and put in an IOU, how much money did you save?

The Social Security system is in desperate need of corrective changes, but until there is a clear description of what is in the funds, no progress is possible.

William A. Lau, Kings Park