Orange County Employees Retirement System
Tycor Benefit Administrators, Inc.
Abacus Retirement Solutions, LLC
Nicholas Pension Consultants
Retirement Learning Center
The Retirement Plan Company
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|President Misleads on Social Security Rate of Return, Says Center on Budget and Policy Priorities|
Center on Budget and Policy Priorities
June 7, 2005
Excerpt: As with any type of insurance, a 'rate of return' is an inappropriate standard for measuring the value that these features of Social Security provide. For example, when one buys automobile or homeowners insurance, one is not looking for a good rate of return, since one's money will be returned only if one has an accident or one's home is vandalized or damaged in a fire or other such event.
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