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|Retirement In Chile Is a Private-- and Heated-- Matter|
Christian Science Monitor
May 1, 2002
Excerpt: Chile's private pension system is looked at by some as a model of how the U.S. should address the long-term solvency of Social Security, though detractors say the South American country's program still has significant flaws.... Chile abolished its mandatory, state-sponsored pension plan and created what amounts to a giant 401(k) plan.
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