This letter is in response to the Collegian editorial ("Social Security issues will not be solved by individual investments," Feb. 7).

That piece was riddled with factual inaccuracies and appears to have been poorly researched, if at all.

First it implies that in 2042 when the Social Security Trust Fund is estimated to be bankrupt, it will leave "millions of citizens without money."

That makes it sound like people will get $0 in Social Security.

False.

Current projections estimate that Social Security taxes will only be able to pay 75 percent of the promised Social Security benefits beginning in 2042 without changes to the program.

You then imply that President Bush's solution is "a program that would encourage less government assistance to the pubic."

His solution is a giving workers the "choice" to take more control and responsibility over their own retirement.

Again, "choice" being the operative word means it is optional and you don't have to participate if you don't want to.

You also imply that our retirement's well being will be at the mercy of the stock market.

Again, if you did some research you would know that the personal accounts would offer broadly diversified investment choices in several different stock and bond indexes.

And you also have the choice to solely invest in government bonds, which are guaranteed, if you are not comfortable with the stock market.