Social Security Reformation Plan

Whereas the current Socialist Insecurity Plan is an utter failure because the original plan was hopelessly flawed.

In the true conservative spirit of reducing government, encouraging freedom, and liberty, I submit the following plan:

Each American citizen who has 10 years, or more before retiring will choose a credit union where the total of their accumulated retirement funds will be deposited into a secure, interest bearing account. They will not be able to withdraw from that account until they attain the approved age. No government agency, corporate interest, or individuals may withdraw, lien, or abridge said account.

If the individual becomes permanently disabled and confirmed by the State authority from where they live, they can receive the payments as if retired based proportionately by an anticipated longevity scale.

If a citizen on this plan dies prematurely before exhausting the funds of their account, all remaining funds will be transferred to a designated beneficiaries retirement account.

Funds accumulated into the retirement account will be by automatic payroll deduction at an amount no less than 7% of monthly pay. Also, the citizen may deposit as much additionally as they choose.

Whereas this plan can eliminate the Social Security Administration bureaucracy entirely, this will create an immediate one-time budget rebate that can be automatically deposited into all legal US citizens new accounts. Accounts currently receiving benefits can immediately transfer to free market accounts according to this plan, and sever themselves from the Socialist Insecurity Misadministration.

This plan will:

• 1. Create true security for retirees
• 2. Eliminate the Social Security fiasco
• 3. Encourage sound banking policies
• 4. Immediately stimulate all local economies by legitimate banking practices
• 5. Provide a truly prosperous retirement life style

And most importantly, return more lost liberty to the people.

DE-OPPRESSO-LIBRE!