More for the Super Committee - Reduce Retirees' Risk

Here's another recommendation the NCPA recently delivered to the Super Committee -- a solution for Social Security.

Last week, many of you thought it was great to let future retirees start saving for their own retirement but you were concerned about current retirees -- what's going to happen to them?

Our recommendation calls for everyone at age 55 or older to receive all promised Social Security benefits. Everyone else with at least 35 years of full-time work would be guaranteed a minimum level of return. If any qualifying worker's total benefit falls below the minimum, the federal government would supplement that worker's benefit. So individuals have responsibility for their own retirement, but Social Security provides exactly what it was intended to be: a safety net.

Thanks for your support!

Richard W. Walker
Chief Operating Officer