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The Social Security and pension fund annual increases based on the CPI made sense four decades ago when inflation was 12 percent and you could earn 12 percent in a plain vanilla bank certificate of deposit.
FORBES: The Real Story Behind Obama's Proposed Social Security 'Cuts'
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In 1975 -- by no coincidence the first year that benefits were indexed to inflation -- Social Security's pension fund, whose formal title is Old-Age and Survivors Insurace (OASI), paid out more than it took in.
CNN: A Debt-Threatened Dream
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Indeed, the Casey Institute has yet to find a single U.S. investment bank, public pension fund, mutual fund or insurance company which includes a national security-related review in its "due diligence" assessments of emerging market entities.
CENTERFORSECURITYPOLICY: Center For Security Policy
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Ostensibly privatized in the year 2000, NITC was bought by three Iranian pension funds: The State Retirement Fund (33%), the Social Security Organization (33%) and the Oil Employee Retirement and Saving Fund (34%).
FORBES: Connect
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AZL, a pension fund management company in the Netherlands, uses Splunk to automate investigation of security incidents to prepare monthly compliance reports.
FORBES: Security Data Is Big Data And A Business Advantage
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And individual investors, investment banks, fund-managers and particularly public pension funds should expand their "due diligence" assessments to include national security, human rights and other appropriate non-financial considerations so that the American people -- six out of ten of whom are now reportedly in the capital markets -- have the data required to make informed investment decisions.
CENTERFORSECURITYPOLICY: Center For Security Policy