[SeekAndFind]

We have something similar to the Chilean Model in Galveston, Texas.

Several thousand employees of Galveston County, Texas were allowed to opt out of the Social Security program in the early 1980s, and have their money placed in a private retirement plan instead. While employees who earned $50,000 per year would have collected $1,302 per month in Social Security benefits, the private plan paid them $6,843 per month :

[kearnyirish2]

Nice; it works because it is closed to the general public (you don’t have to support grasshoppers). I know some cops that don’t participate in SS as well; good for them.