Reply #6: The NYTimes debunked these crooks. the poor were

[brindis_desala]

lucky is they ended up with $140 a month.
NYTimes: "Under the Chilean program - which President Bush has cited as a model for his plans to overhaul Social Security - the promise was that such investments, by helping to spur economic growth and generating higher returns, would deliver monthly pension benefits larger than what the traditional system could offer.

But now that the first generation of workers to depend on the new system is beginning to retire, Chileans are finding that it is falling far short of what was originally advertised under the authoritarian government of Gen. Augusto Pinochet."

http://www.nytimes.com/2005/01/27/business/worldbusiness/27pension.html?adxnnl=1&oref=login&adxnnlx=1107094849-4XU/mHIOW6/gGkMXVauTqw

Here is an excellent analysis of the pitfalls.
http://www.econop.org/SS-SocialInsecurityChile.htm#Consequences