Current workers agree to sup-port honoring current Social Security retiree obligations without revision until the day the retiree expires The current 2.6 trillion dollar general revenue retirement liability created with our social security tax over payments becomes a contingent liability Create a new source for funding local bonding needs, such as schools, bridges, roads, etc.: ACT eliminates the need for Wall Street Banksters Restore middle class working Americans as economic part-ners by creating retirement partnerships in their resepec-tive communities Manage NEW (operative word) Social Security retiree obliga-tions by initiating a thirty five year phasing out of NEW Social Security retiree obligations Establish main street checks & balances to protect the people’s interests, and shield elected representatives from special interests Establish new member owned Community Investment Pods, or CIPs in each of the 435 congressional districts across the United States Establish a safety net, or insurance policy protecting against catastrophic losses in the workers new ICIRAs using the current 2.6 trillion dollars of special obligation bonds All agree to broaden the Social Security funding base by establishing an annual base line assessment or BLA; no more Social Security tax overpayments WWW.socialsecuritysolution.org Current retirees agree to sup-port creation of new individual Community Investment Retire-ment Accounts or ICIRAs for millions of working Americans 1 2 3 4 5 6 7 8 9 10 The ACT 10 Point Proposal Social security received this much for every hundred dollars of your wages 13 Cents $4.00 If you made less than $106,800 In 2010 Social security received this much for every hundred dollars of your wages If you made 10 million In 2010 All About the Rest of the People 2 WWW.socialsecuritysolution.org If the ACT plan were in effect in 2010, Social Security would have received this amount from the plumber, the President and the CEO $8.40 Copyright AmeriCareToday 2009