José Piñera - Reinventing Social Security for the 21st Century [2/8].flv

[panchmote]

Brillantes!!!

[apango2000]

So he discover that workers were so poor that they couldnt save voluntarily. So he came up with the brilliant idea of forcing people to save and while he was at it to forced them to pay 20 to 30% of their savings in commissions for the privilege.

[apango2000]

No president ever asked this person to become a minister. Chile had no president between 1973 and 1990. In between those years Chile was rule by a murderous dictator

[Criskeyboard]

@apango2000 exactly, Pinochet was a gobernant.

[MrReco12]

@Criskeyboard

Its a shame the ministers such as Pinera never faced criminal charges. 

[apango2000]

Worthless argument

The longer life expectancy problem is not resolved by privatizing your pension. If you live more years you obviously need to accumulate more money to support yourself and you may have to work more years.