Bush to Tout 'Retirement Security' Proposals
Washington Post (02/28/02) ; Allen, Mike; Goldstein, Amy

President Bush is expected to link pension reform proposals with the privatization of the Social Security System, but Democrats are opposed, claiming that the Enron debacle and the slumped stock market are a sure sign that retirement security is not possible under private conditions. The proposals issued by Bush's Social Security commission included three alternatives for workers interested in investing portions of their Social Security benefits in the stock market. The recent pension proposals include increases in 401(k) and retirement plan contribution limits, restrictions on when executives can sell stock, and provisions that allow employees to sell company stock within three years.


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