The Retirement Plan Company
Wespath Benefits and Investments
Nicholas Pension Consultants
Tycor Benefit Administrators, Inc.
Carpenter Morse Group Inc.
Abacus Retirement Solutions, LLC
Orange County Employees Retirement System
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|Understanding the Proposed Cuts to Social Security Benefits (PDF)|
The Century Foundation
May 9, 2005
4 pages. Excerpt: The newly proposed cuts in guaranteed benefits would not reduce the huge amount of federal debt required to finance the previously announced plans for private accounts. Paying for the new accounts would still require $4.9 trillion in additional federal borrowing over the first 20 years of the plan, while depleting Social Security's trust funds more than 10 years sooner than would be the case without private accounts.
|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 link above).|
|An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).|