Jamie Radtke on Social Security

Raise retirement age; private retirement security options

All four GOP candidates said Social Security should be preserved, but outlined different approaches to keeping the trust fund solvent. Allen said he would oppose tax increases, but consider other options, such as increasing the retirement age for future recipients born after the 1960s.

Marshall and Radtke said they could support a gradual increase in the retirement age, and Radtke said individuals should have private alternatives to Social Security.

Source: The Virginian-Pilot? on 2012 Virginia Senate debate , Apr 29, 2012

Opt-out to private accounts for younger workers

Provide the option for workers under a certain age to invest their Social Security contributions in private accounts that they control without imperiling the benefits paid to retirees.
Incentivize both individuals and businesses by removing payroll taxes for those who choose to work beyond the retirement age.

Source: 2012 Senate campaign website, radtkeforsenate.com, "About" , Jul 22, 2011

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Page last updated: May 15, 2012