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Protecting a Privatized Social Security: Actuary Proposes 'Floor Plan' Reform (PDF)
Carol Caruthers, MSPA, EA 
[Opinion] Sept. 7, 2006
4 pages. Excerpt: Following is a creative, compromise solution to Social Security's looming financial crisis in the United States. Now, the Floor Plan is described for private-employer pensions in IRS Revenue Ruling 76-259. Under such a program as it would apply to Social Security, a worker's benefit at Social Security age for full benefits (the so-called Full Benefit Age), now age 65 to 67, would be the sum of two benefits: ...
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