Privatizing Railroad Retirement

by Steven A. Sass

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...

• Format: Paperback
• Language: English
• ISBN: 0880994940
• ISBN13: 9780880994941
• Release Date: January 2015
• Publisher: W. E. Upjohn Institute
• Length: 109 Pages