- Executive Summary
- The Problem: Social Security Is Going Broke
- The Solution: Opting Out of Social Security
- Opting Out for Individuals: A Solution Already in Progress
- Partial Privatization: Moynihan-Kerrey and Other Proposals
- Managing the Transition to Private Investment
- Opting Out by State: Oregon Proposes Its Own Plan
- Opting Out in Texas: Three Counties Leave the Social Security System
- Opting Out by Country: Chile Leads the Way
- Recommendation: Privatize Social Security or Allow Michigan to Opt Out
- Appendix A: Answers to Common Questions about Social Security Privatization
- Appendix B: May 1997 Resolution of the Oregon Legislature
- Appendix C: Bibliography
- Acknowledgements