"The Retirement USA principles will be used by SEIU and its partner organizations in this initiative as a framework for evaluating how well proposals would fulfill the goals of universal coverage, and secure and adequate income. The principals would include concepts such as:
- Pooled assets that are professionally managed;
- Shared responsibility among employers, employees and the government;
- Payouts only at retirement;
- Benefits that could move with you even if you change jobs"
1. Any fund you invest in are professionally managed.
2. Yeah, why should I work hard to save more than the average person to enjoy a comfortable retirement instead of just getting by.
3. Is that not already the case with individual retirment accounts? Not sure on Social Security? I'll admit I've not thorougly researched this.
4. Last I knew you were allowed to rollover your 401k balances into IRAs, etc.
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