Retirement Security Funds
Retirement Security Funds*
Karen Ferguson, Director
Pension Rights Center
Retirement Security Funds would provide a new private retirement plan structure to supplement Social Security. They would incorporate a novel approach to risk-sharing, a unique benefit formula, and other features to increase retirement security.
Retirement Security Funds are proposed as alternative arrangements within a voluntary system. They are designed to appeal to employers interested in contributing to their employees’ retirement security, and to employees and unions interested in simple, fair, and efficient pension plans.
Retirement Security Funds are:
- licensed single-purpose retirement institutions
- that provide for risk-sharing by participants, and
- incorporate a “reverse-match” benefit formula.
Retirement Security Funds also provide pooled, professional investment; money locked in until retirement; and lifetime payouts to retirees and spouses.
*For a more detailed description of Retirement Security Funds, click here.
Looking for help with your retirement plan?
If you have a problem with your retirement plan, free help may be available from the U.S. Administration on Aging's network of Pension Counseling and Information Projects. Find help now.
Roadmap to retirement
Let our roadmap to helpful information about retirement plans for private-sector workers put you on the path toward a secure retirement. Get started.
PensionHelp America connects people who need help with their pension, 401(k), and other retirement plans with the pension counseling projects, legal services providers, and government agencies that can help answer their questions. Visit www.pensionhelp.org.
Get E-mail Updates
Retirement USA is a national initiative that is working for a new retirement system that, along with Social Security, will provide universal, secure, and adequate income for future retirees. Visit the website.