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Privatizing Railroad Retirement (PDF)
Upjohn Institute Link to more items from this source
Jan. 8, 2015

126 pages. "Railroad Retirement covers workers who are primarily employed by large rail corporations and represented by strong rail labor unions. In the late 1990s, these employers and unions developed a plan to privatize the investment of Railroad Retirement assets. These assets, until then, had only been invested in government bonds.... Congress enacted the industry plan in 2001 with one major change: it allowed the investment of Railroad Retirement assets in equities, but it removed, as best it could, government involvement in the investment process.... [This] book analyzes this reform and its implications going forward ... [and] discusses implications for Social Security."

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