Chileans Swamp Pension Offices as Pinera Concedes Defeat

People pass in front of a pension fund manager office in Santiago, Chile on July 8.Photographer: Marcelo Hernandez/Getty Images
Lock
This article is for subscribers only.

President Sebastian Pinera signed a bill into law late Friday allowing Chileans to withdraw retirement savings, following scenes of citizens lining up by the thousands outside pension fund offices.

People went to the offices to obtain a code needed to tap their funds, or simply to find out how much money they had in their accounts, according to interviews with local television stations.