[SoJoCo]

There isn't a whole lot new in this. As the article says, states and municipalities have done this on their own for years. My father-in-law spent 30 years paying into the state of Ohio retirement plan instead of Social Security, and got a nice pension payment as a result. Railway workers have the Railroad Retirement Board instead of Social Security. The exception of these three seems to be that they may have managed their money better. That and they didn't add on another municipal pension plan on top of Social Security like so many other governments have done.

[Cincinatus' Wife]

The article speaks to a program that is different than the ones you talk about - this is called the “Alternative Plan.”

I suggest the other readers go to the article (it is short) Page one is in the body of the thread and Page 2 is linked in my 1st comment.