Summary: Chile's Privatized Pension System
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PRIVATE PENSIONS: Chile privatized its social security system more than 20 years ago, requiring a percentage of each paycheck to go into bank accounts that workers manage themselves. Now, about 7 million Chileans have such accounts.
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Former dictator Gen. Augusto Pinochet has been placed under house arrest by a Chilean judge on human rights charges. Former Chilean dictator Gen.
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SANTIAGO, CHILE - Gen. Augusto Pinochet was listed in stable condition in hospital Saturday following a stroke he suffered earlier in the morning.
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Countries with private retirement accounts show the high risks and problemic rewards of such programs
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After reading a book this year about serious flaws in Japan's pension system, retired deliveryman Yoshikazu Hirano thought he'd check his own records just to be safe. He's glad he did: The 74-year-old discovered the government had shortchanged him by 460,000 yen ($3,770) in benefits he accrued while driving a truck for three years in the 1950s and 60s.
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Sean Schuback, a 15-year veteran of Verizon, arrived at work one morning last December to unsettling news: A company e-mail sent the night before announced that the telecommunications giant was freezing its pension plan. The traditional pension, also known as a "defined-benefit plan," is......
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Description: A judge in Chile charges former Gen. Augusto Pinochet with murder and kidnapping. The controversial dictator has been accused of human rights violations for years and was arrested by Spain in the late 1990s.
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In 1978, Peter Ferrara decided to write his third-year paper at Harvard Law School on the subject of Social Security. A self-professed conservative libertarian, Ferrara argued that the system would eventually run into financial trouble and that the best way to fix it was to let people put money into personal accounts that could be invested in stocks and bonds.
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SANTIAGO, Chile, Nov. 28 -- President Ricardo Lagos of Chile on Sunday proposed special pensions and other reparations for more than 28,000 Chileans who were tortured by government agents during the country's 1973-1990 military dictatorship.
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Gen. Augusto Pinochet, 91, the former Chilean dictator whose government murdered and tortured thousands during his repressive 17-year rule, died yesterday at a Santiago military hospital of complications from a heart attack, leaving incomplete numerous court cases that had sought to bring him to...
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SANTIAGO, Chile  - A Chilean court on Wednesdaygranted bail to ex-dictator Augusto Pinochet over a humanrights case but his defense said he would find it hard toafford the $3,500 bond needed to end house arrest at hiscountry estate.
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Chileâs former President General Augusto Pinochet has been stripped of his legal immunity following a ruling by the countryâs Supreme Court.
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SANTIAGO, Chile  - Hundreds of Chileans were expected to file past the body of Augusto Pinochet on Monday, a day after the former dictator, whose 17-year rule polarized his South American homeland, died at the age of 91.
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Chile&#39;s Supreme Court has ruled that the country&#39;s former military ruler, Augusto Pinochet, should be stripped of immunity from prosecution.
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LISBON, Oct 6 (IPS) - The contributions of young immigrants from the  developing South hold out a solution for pension systems in the  European Union, where rapid population ageing is placing heavy  pressure on social security.
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: Gen. Augusto Pinochet was hospitalised after suffering a stroke - a day after an appeals court postponed a decision on whether to uphold the former dictator&#39;s indictment and house arrest on human rights charges.
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SANTIAGO, Chile  - Ex-dictator Augusto Pinochet, who ruled Chile from 1973-1990 and spent his old age fighting human rights, fraud and corruption charges, died on Sunday a week after suffering a heart attack, Chilean television reported.