On Thu, 6 Jan 2005, Erik Reuter wrote:
> The route to real pensions reform > Jan 6th 2005 > >From The Economist print edition > > http://www.economist.com/finance/PrinterFriendly.cfm?Story_ID=3535838 > <most snipped> > The third and best answer is progressive indexing. This means the > continuation of wage indexing for all workers with average career > earnings of $25,000 or less. It also means not touching the benefit > formulas of anyone already in or near retirement (workers aged over 55 > today). Conversely, the initial benefits of all workers with average > career earnings above $113,000 retiring after 2011 would be increased by > price indexing. Almost all these workers receive significant amounts of > retirement income from company plans and other savings vehicles in > addition to Social Security. The initial benefits of workers falling > between these two groups would be increased by a proportional blend of > wage and price indexing. I like this option. Julia _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
