Regional Vice President of Sales The Retirement Plan Company
|
Bates & Company, Inc.
|
AimPoint Pension
|
Loan & Distribution Specialist AimPoint Pension
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Compass
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Could Personally Owned Retirement Programs Replace Social Security?
National Center for Policy Analysis [NCPA] [Opinion] May 8, 2015
"In 1981-2, three Texas counties (Galveston, Matagorda and Brazoria) opted out of Social Security and created an alternative, personally owned retirement program that mirrored all three of Social Security's primary functions -- only the benefits are better. It's known as the Alternate Plan (AP).... [D]isabled people are much better off under the Alternate Plan. But so is the country because private sector companies would be monitoring those receiving benefits to ensure [1] they actually are disabled and [2] whether they have improved and can return to work -- both sources of significant potential fraud."
|
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |