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Chilean brings support for private Social Security system at Grams' invitation
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Chilean brings support for private Social Security system at Grams' invitation

BY Eric Black

If Chile could successfully privatize its Social Security system in 1980, it should be easier for the United States to do so now, Jose Pinera, the architect of Chile's highly touted and much copied privatized pension program, said Thursday in the Twin Cities. Sen. Rod Grams, R-Minn., whose own plan to privatize the U.S. Social Security system is based on Chile's in many respects, said that Chile's success proves "this isn't just pie in the sky."

07/07/2000