What specific words in either of the links I posted leads you to this conclusion?
PING
“provide lifetime income” implies a guarantee of a stream of income checks. The funding of this stream of income comes from somewhere. I infer that the government is investigating taking over annuities from the insurance companies, funded by the now-privately held IRA and 401K. Certainly, it will be sold as an option, then with a “you must opt out”, then with many conditions (regulations) on what limited subset of folks can opt out.