[Chauncey Gardiner]

It is not a government system. It is individually owned IRAs. Very difficult for a dictator to snatch up millions of privately held IRAs, most of which are held by US brokerages.

[mrsmith]

True, but I always see things like this:
https://www.ipe.com/reports/special-reports/global-defined-contribution/chile-chilean-pensions-under-pressure/www.ipe.com/reports/special-reports/global-defined-contribution/chile-chilean-pensions-under-pressure/10018671.fullarticle

“Concerns that meagre pension benefits will force people into poverty post-retirement have led Chilean workers to demand the nationalisation of the system. Throughout 2016, several mass demonstrations were held in Chile’s largest cities in support of the cause.”

But it keeps rolling on! There were changes made by their socialist President in 2008(?), but they didn’t damage the system.

[gogeo]

It is not a government system. It is individually owned IRAs. Very difficult for a dictator to snatch up millions of privately held IRAs, most of which are held by US brokerages.

You make me smile.