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Paperback Privatizing Railroad Retirement Book

ISBN: 0880994940

ISBN13: 9780880994941

Privatizing Railroad Retirement

Congress enacted the industry plan in 2001 which allowed the investment of Railroad Retirement assets in equities, but it removed, as best it could, government involvement in the investment process. It created a private sector trust?the National Railroad Retirement Investment Trust (NRRIT)?to invest Railroad Retirement assets in equities. Private sector employer and union Trustees would oversee NRRIT?s operations. The government would receive periodic...

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Format: Board book

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