Privatizing Railroad Retirement
No Customer Reviews
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.
Format:Paperback
Language:English
ISBN:0880994940
ISBN13:9780880994941
Release Date:January 2015
Publisher:W. E. Upjohn Institute
Length:109 Pages
Customer Reviews
0 rating
Copyright © 2025 Thriftbooks.com
Terms of Use | Privacy Policy | Do Not Sell/Share My Personal Information | Cookie Policy | Cookie Preferences | Accessibility Statement
ThriftBooks ® and the ThriftBooks ® logo are registered trademarks of Thrift Books Global, LLC
ThriftBooks ® and the ThriftBooks ® logo are registered trademarks of Thrift Books Global, LLC
