#6- Pensions and Individual Savings Accounts
Choice of investing in one or more of five to ten plans
- some of which would be indexed equity funds,
- some all-bond or all-government-securities funds,
- and some with mixed portfolios, with the government
-
Funds for IA would either come from additional tax revenue or deducted from part of the current employer contribution
Sources: Ball, Robert M., “Partial Privatization of Social Security”, Straight Talk about Social Security, The Century Foundation, Washington, DC 1998.