Some propose direct cuts, such as reducing the amount of monthly benefit checks. Others propose indirect cuts, such as raising the retirement age, which would force workers to work longer before they could collect retirement checks. Workers Deserve to Own Their Savings With fully private personal retirement accounts, workers would have a property right in their retirement savings. They would own their accounts and the money in them, the same way people own the money in their savings accounts. That property right would protect workers' savings from politicians looking to pinch pennies in a debt-riddled system.
Workers deserve the security of owning their retirement savings.
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