Economics focus The route to real pensions reform Economist.com
Blogger Thoughts: Two changes will immediately fix the short fall estimated to be 30 to 50 years out:
a) change the withholding formula to remove the 94,200 wage ceiling as scheduled in 2006.
b) change the calculation to be based on (marked to the market) investment income (dividends, capital gain, and passive) as well as wage income.
Next Crisis.
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