In Taiwan, private school teachers are the only one who do not have pension. Based on public and private as equal, private schools to establish pension payment retirement system is actually workable.

在台湾，私校教师是唯一没有年金的族群，本于公私一体，私校比照公立学校建立年金给付的退抚制度是具体可行的方案。

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Her main effort will be to overhaul Chile's much-hyped private pension system.

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The problems with Social Security are now largely known--the declining number of workers versus retirees, the fiscal irresponsibility of pay-as-you-go (it's the public-sector equivalent of a private pension system with no reserves, which, of course, is illegal).

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Because of the profligacy of its predecessor, the government of President Fernando de la Rua felt obliged, on taking office last December, to tighten fiscal policy, even though the budget deficit was relatively modest (and was due partly to the transition costs of switching to a private pension system).

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