[LADYAK]

Here in Alaska the State employees opted out of SSN in 1980...and also the University of Alaska. The money that would have gone into SSN is in a annuities that we manage. We can withdraw when we quit and pay a penalty or wait until 59 1/2....not sure how viable this fund will be later....but it has worked so far.

[GeronL]

Many of those retiring today with their $1400, or less, a month?? Might have retired with a million bucks in the account. Is the system in Alaska competitive or ?