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Social Security privatization unlikely by 2010.

Publication: Westchester County Business Journal
Publication Date: 24-JAN-05 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Social Security privatization unlikely by 2010.(Human Resources)

Article Excerpt
While lawmakers debate the potential impact of privatizating Social Security, most retirement plan experts say the reform will not actually happen before 2010, according to a survey by Diversified Investment Advisors in Purchase.

The company said it conducted the study to provide insights on the retirement industry's future to executives responsible for retirement plan management to enable them to develop and evaluate strategic direction.

Overall, the study's panel of experts foresee some changes in retirement plan regulation and taxation, but none that will affect the fundamental framework of the business.

For example, 63 percent of the experts agreed that legislation to create...

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