91.   Proceeds of the taxable bonds will finance an underfunded pension system, reducing the amount New Jersey would have to pay from its treasury.

92.   Separately, the government introduced its bill in Congress Thursday to reform the pension system and promote development by increasing domestic savings.

93.   Several countries facing similar crises, including Chile and the United Kingdom, have privatized or partially privatized their government pension systems.

94.   Social Security advocates, on the other hand, argue that the tax is a contribution to a type of federal pension system.

95.   South America is undergoing a social security revolution as millions of workers turn from state pension systems to open privately administered individual retirement accounts.

96.   Spain may have more time to safeguard its public pension system than some of its European neighbors.

97.   State pension systems, in particular, threaten to derail tight fiscal policies, analysts said.

98.   Stories like hers are a troubling symbol of a major flaw in the private pension system.

99.   Still other members want to overhaul the entire pension system into one that encourages individual retirement accounts.

100.   Such contrasts have become the norm over the last two decades, as the United States has increasingly developed a two-tier pension system.