Tuberville Vows to Protect Alabama RSA as Jones Ties Social Security Attack to 2032 Shortfall
Updated
Updated · Yellowhammer News · Aug 18
Tuberville Vows to Protect Alabama RSA as Jones Ties Social Security Attack to 2032 Shortfall
3 articles · Updated · Yellowhammer News · Aug 18
Summary
Tommy Tuberville said he would not privatize Alabama’s Retirement Systems and instead would hold RSA up as a model for Washington, rebutting Doug Jones’ claim that his Social Security criticism threatens the state pension.
Jones raised the issue at a Montgomery town hall, arguing Tuberville’s past descriptions of Social Security as a “scam” and “Ponzi scheme” show he would target RSA and hand retirement money to outside financiers.
Tuberville drew a sharp line between the two systems, saying RSA is built on contributions, investment and government accountability, while his attack is aimed at Washington’s handling of Social Security rather than current beneficiaries.
2032 is the key date in Tuberville’s argument: he cited trustees’ projections that Social Security’s old-age and survivors fund would exhaust reserves then, leaving incoming revenue to cover about 78% of scheduled benefits.