The Federal Reserve Bank of San Francisco released a letter proposing reform for Social Security programs. The changes would compel older employees to work longer before retirement in order to decrease pressure on Social Security funds. However, the bank also noted that reforming the supply-side of job markets would probably not be sufficient because of age discrimination. Economics professors at the University of California Irvine and Tulane completed a study proving job call-back rates were lower for older workers, and especially for older women. This evidence of age discrimination suggests that a push for older Americans to continue working would, in most cases, merely decrease retirement benefits without increasing job opportunities.
See "Bias Against Older Women Collides with Policy to Extend Retirement", Joyce E. Cutler, Bloomberg BNA, February 28, 2017