In 2021 there is only one group of workers who can consistently count on a traditional pension. Interestingly that group is government workers. While the pension is a thing of the past for private workers, it’s still dominate in government employment.
This is a reflection of longevity in employment, politics and the fact government entities are not held accountable for underfunded liabilities.
All this means higher taxes, and taking money from other services for the entire population to pay public pensions. Since these are long-term obligations their cost will affect future generations.