Beyond the Theory . George W. Bush is entering the presidency with a firm mandate to reform Social Security and has promised to make the issue a top priority for his administration. Visit the conference website and watch streaming video of the event. Reengineering Social Security in the New Economy , by Thomas F. Siems, January 23, 2001. The following is a letter from Greg Schnake, a Texas worker fortunate enough to be exempt from Social Security taxes.
Groups working together with a good system can outperform the government every time.
My employment is in a city in Texas for the police department. When I started, because it had its own retirement fund, we did not get put into the system. Current employees must join. What makes this interesting is the talks I had with my brother and a friend last November in Illinois. Both of them are professional persons, one the partner in an accounting firm and the other a VP in a 500 company.