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Rip up all contracts and make it so that employees never retire.  You don't stop working until you either drop dead or are in a coma.  Who needs retirement anyway?  And the young folk coming along?  Well, they can still live at home with their elderly parents who can't retire.  If this is too harsh, maybe implement the Logan Run solution of offing everyone who gets above a certain age.  No death panels needed either, just individuals to check that your birth cerificate is on it.  You can have 1%ers like Trump run that department and exempt them from being offeds.  Heck, anyone who is is in the 1% income-wise OBVIOUSLY deserves to be there, including Paris Hilton.  Of course, one could take exception to the Jersey Shore folks being in the 1% now, but hey, we can look to make an exception to their exception and not exempt them.  They could also join Ewe Boll, Michael Moore, and all liberal media types.  All those will be subject to Logan Run rules.

Only down side for the GOP is they will have a 1% of the population voter base.  But, since everyone else will get offed early, they can outlive everyone, kinda like the way vampires do.