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AIG CEO Robert Benmosche Suggests Raising Retirement Age to 80

A top CEO is saying that the way to solve bankrupt budgets is to rethink the retirement age. Robert Benmosche, the head of AIG (American International Group), believes that the retirement age should be moved to 80!

Fox Business Network’s Elizabeth MacDonald points out that should the retirement age increase, then we’ll see a rise in youth unemployment as young workers will be displaced.

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