LA Times:
Social insecurity
In any given month, only about half of Chileans with personal retirement accounts contribute to them. And most participants had accumulated less than $3,500 as of September 2004.
Chilean workers' participation in private accounts
Not contributing: 51%
Contributing: 49%
Breakdown of private accounts by size
$3,481 or less: 59%
$3,482 to 8,702: 19%
$8,703 to $17,403: 11%
More than $17,404: 11%
*
Source: Chile's Superintendent of Pension Fund Administrators
Los Angeles Times
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