Wednesday, October 17, 2007

the "silver tsunami"

From Stephen Ohlemacher with the AP (hat tip: C-J)... on the first baby-boomer to file for Social Security. What a cool term for this current and future policy fiasco!

The baby boomers' stampede for Social Security benefits has begun.

The nation's first baby boomer, a retired teacher from New Jersey, applied for Social Security benefits Monday, signaling the start of an expected avalanche of applications from the post-World War II war generation.

Social Security Commissioner Michael Astrue called it "America's silver tsunami."

Kathleen Casey-Kirschling applied for benefits over the Internet at an event hosted by Astrue. Casey-Kirschling was born one second after midnight Jan. 1, 1946, making her the first baby boomer -- a generation of nearly 80 million born from 1946 to 1964, Astrue said.

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