61.   If not fixed soon, many economists believe the pension system could undermine the anti-inflation plan, which begins its fourth year today.

62.   If Maxxam cuts more ancient redwoods, CalPERS and the teacher pension system should cut Maxxam out of their portfolios.

63.   IMF officials have told Argentine officials they want to see a credible budget and a phasing out of the state pension fund system.

64.   In late June, Madelin irked the Prime Minister by announcing the creation of private pension funds to supplement the state pension system.

65.   In its examination, the IRS maintained that once contributions were deposited in pension systems, any removal of money was prohibited.

66.   Insurers are the clear beneficiaries of the new pension system as they will be called to run the funds.

67.   Insurance companies also expect to move into the retirement fund market, once the new private pension fund system has been up and running for a number of years.

68.   It is that kind of concern that Biggs took to the pension system.

69.   It comes as brokers, banks and insurers seek profits from the overhaul of pension systems in Europe and Asia and steady fees.

70.   It would be enormously expensive to establish a national unemployment or pension system, but the alternatives are hardly free.