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Ms Ghilarducci hopes to phase out 401 k)s by having the government take them over and guarantee a return of 3% above inflation.
In 1911, Albert Stanley, managing director of the DR, agreed that it would finance the construction if the promoters would guarantee a return of £6,000 per year for ten years.
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And Vikas signed contracts with farmers guaranteeing a return of nearly $800 per acre if they planted guar, no matter what this year's monsoon brought.
Put another way, investing one dollar in a Treasury bond guarantees a return of almost 7 cents next year, while investing one dollar in the stock market buys only 4 cents of earnings.
Each investor was guaranteed a return of 4% per annum, so £1,000 per annum from the income raised from tolls was divided amongst the investors in the two tontines.
"If projects are getting delayed, there is a lower probability of guaranteeing a return on your pipeline — it's one more example of people cutting back and waiting for oil prices to go up".
"If it does bounce back, I want to get out," he said, adding that he would settle now for bonds that guarantee him a return of 6percentt a year.
To guarantee bettors a return of five cents on the dollar, the track, off-track betting sites and the state of California had to add $115,657 to the show pool.
Moreover, the complaint said, Enron guaranteed nCube a return of its principal plus $100,000 within a matter of months.
Every fountain has its history, and many have legends, the best known of which guarantees a return to Rome to those who toss coins into the Trevi Fountain.
The contract's only guarantee: A total return of 14% over the eight-year penalty period–no matter what the market does.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com