Privatizing Railroad Retirement
Format: Paperback
ISBN13: 9780880994941
Paperback|9780880994941
Out of Stock
Overview
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 financial reports and could take legal action should NRRIT fail to meet its fiduciary obligations, but Congress otherwise excluded government employees from any participation in NRRIT¿s operations. This book analyzes this reform and its implications going forward.
| ISBN-13 | 9780880994941 |
|---|---|
| ISBN-10 | 0880994940 |
| List Price | $14.99 |
| Format | Paperback |
|---|---|
| Language | English |
| Pages | 120 pages |
| Publisher | W E Upjohn Inst for |
| Published On | 2014-12-01 |
View All Offers
Sort by:
Price
