Re: DAILY SUMMARY April 30

[Ckreedy@aol.com]

1.  Strongly feel that some percentage of your social security contribution 
should be allowed to be directed towards a personal 401K type account that is 
in your name and with the same type of rules and penalties for early 
withdrawal.  There should be some mechanism for a person to be able to "wean" 
hemself/herself off the system over a 10 or 15 year period if they can prove 
they have been good stewards of the part they have some control of.  The 
payback for being a good steward is that the percentage of your ss 
contribution that you can self direct increases over time i. e. 10-15% 1st 
five years, then to 20/25% next five years and then on and on until you reach 
100% of your current contribution is going to your own 401K type account.

2.  On federal govt. double dipping.  I am a recently retired pilot from the 
Air Force and I know that the AF is in need of rated expertise at their 
different HQs and Major Commands.  There are a lot of empty, critical rated 
positions that could be filled by retired pilots so that the current active 
duty pilots could be better used in the field in a flying position.  I have 
served 26 years and feel that I have "earned" my first retirement and will 
not take any job that will take part of what I have earned away from me.  I 
also believe I have a lot of expertise that could be used by the federal 
government that other civilians might not necessarily have or understand.  
Would like to see all double dipping laws deleted.

Thank you,

Kent Reedy, Lt Col, USAF
Retired