Bet government workers in Mass and Ohio lobby very hard to keep out of Social Security. Here is why:
Privatize Social Security? Galveston County Did
There is a downside to the Galveston plan not mentioned: pensions are not indexed to inflation as is the case with Social Security. Had Galveston put some money in the stock money however, they would have received far more than the average 6.5% and inflation would have been no problem (it isn't now either but could be).