Page 12 - Social Security - Re-Inventing It
P. 12
INSURING RETIREMENT DOLLARS
The AFCRA plan fully insures local CIPs, and ICIRAs
• The $2.85 trillion dollars of Government issued
debt instruments now held by the Social Security
trust fund, and owed to it by the general revenue
are used as an insurance policy
• These Special Obligation Bonds are used as
an insurance policy insuring against
catastrophic losses in the local member
owned Community Investment Pods or
CIPs, and the worker owned Individual
Community Investment Retirement CIPs, And ICIRAs
Accounts ICIRAs
Are Fully Insured
• As the Community Investment Pods, CIPs
and Individual Community Investment Individual Community
Retirement Accounts ICIRAs grow in value Investment Retirement
the need for the Government issued Special Account An ICIRA
Obligation Bonds as an insurance policy
diminishes
• Over time the entire Government issued
Special Obligation Bond debt of $2.85
trillion dollars is completely eliminated
• THINK DECLINING TERM LIFE
INSURANCE
THE OLD WAY OR THE AFCRA WAY – THE PEOPLE’S WAY