blinkx

  • Argentines protest for pensions

  • 00:01:28
  • Reuters
    • Browse

Argentines protest for pensions

In a bid to protect private pension funds from global market turmoil, the Argentine government has introduced a bill to take control of the funds. But the decision is being criticised by opposition leaders who say it is just a way for the government to shore up its finances. Around 9.5 million have private pensions, and around 40 percent contribute. In 1994 Argentina privatised pension funds, but in 2006 people were given the option of investing in a state pension.

Reuters | October 24, 2008Watch more videos from Reuters

Tags:. .argentines. .pensions. .turmoil. .shore. .opposition











Argentina   Argentines   Bid   Bill   Contribute   Control   Criticised   Decision   Finances   Funds   Given   Global   Government   Introduced   Investing   Leaders   Million   Opposition   Option   Pensions   Percent   Private   Privatised   Protect   Protest   Shore   Turmoil