Hannity spun the Chile pension plan pretty good when Social Security was Bush's main platform before he lost it. Atrios finds this NY Times story:

"Michelle Bachelet is a pediatrician and a Socialist, while Sebastián Piñera is a billionaire businessman and a conservative. They may agree on little as the opposing candidates in Chile's election for president, but they concur on one important point: the country's much vaunted and much copied privatized pension system needs immediate repair....read on"