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Article: Appeal of Social Security private accounts dim in Connecticut.(Banking & Finance)
- Article from:
- Fairfield County Business Journal
- Article date:
- March 28, 2005
CopyrightCOPYRIGHT 2005 Westfair Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The more Connecticut residents learn about a proposal to create private investment accounts in the Social Security program, the more likely they are to oppose it, according to an AARP poll.
"This survey reveals that more than three-quarters of Connecticut residents believe in reforming the Social Security system, not replacing it with something else," said AARP Connecticut director Brenda Kelley. "More than half of all Connecticut residents believe that allowing workers to invest some Social Security payroll taxes in the stock market will weaken the program."
AARP commissioned Woelfel Research Inc. to conduct a telephone survey of 700 Connecticut ...