Nicholas Pension Consultants
Compensation Strategies Group, Ltd.
Nova 401(k) Associates
Atlantic Pension Services Inc
Creative Pension Consultants, Inc.
The Retirement Plan Company (TRPC)/an ABG firm
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|a Better Fix Than Privatizing Social Security|
Edith U. Fierst via The Christian Science Monitor
Dec. 1, 2004
Excerpt: The president's determination to partially privatize Social Security stems from ideological reasons. But in fact the projected Social Security deficit is small enough - 1.89 percent of payroll, under the Social Security trustees' intermediate assumptions (neither optimistic nor pessimistic) - that a major revision to the system is not necessary. The deficit can be remedied with a few discrete changes in the program, all of which are surprisingly easy to understand and accept.
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