I looked for this and didn't find it. If it has been posted previously, I am sorry.
Lets see - over 55, limited or potentially no health care and no assets available to pay for it?

Obama ally targets 401(k) dollars
Trillions in IRA funds could be forced into U.S. Treasury debt

Posted: March 26, 2010
1:00 am Eastern


By Jerome R. Corsi
© 2010 WorldNetDaily

A key labor union ally of the Obama administration has mounted an effort to create government-mandated worker retirement accounts as an entitlement program, with the possibility that a portion of all private retirement funds could be forced into U.S. Treasury debt.

Branding the program "Retirement USA," the Service Employee International Union, or SEIU, has joined with the AFL-CIO, the Economic Policy Institute, a Washington-based economic left-leaning think tank that receives substantial labor funding and two other left-leaning interest groups, the Pension Rights Center and the National Committee to Preserve Social Security.

Retirement USA promotes the concept that all workers in the U.S. have a right to a government account that would fund a secure retirement in addition to Social Security and private workplace programs such as the 401(k).

"Our goal is to involve all workers and all employees in a government-mandated retirement program, with the government putting up the difference for lower-paid employees," Nancy Hwa, a spokewoman for the participating Pension Rights Center, told WND.

Retirement USA would require by law employers and employees to contribute to a retirement account for every employee and demand that a portion of that contribution go into a federal-government-created annuity that would be funded by purchasing Treasury debt.

"Retirement USA is basically an effort that amounts to nationalizing 401(k)s and IRAs," David John, a senior research fellow at the Heritage Foundation told WND.

http://www.wnd.com/index.php?pageId=132061