LOL! No, but all those "pension plans" are loaded up with taxpayer funds, so they figure they may as well spend it.
Man, I wish I had a "pension plan" like government parasites get.
If you work in a prison or carry a 9mm for 20 years or more, you can ride the gravy train.
I know what you mean. The last job I had with a pension plan was at Pacific Telephone. I left that place in 1991 and took the buyout. My current employer follows the standard 401K approach. If you want any kind of retirement, it's a "do it yourself" plan. Contribute all you can afford to the limit of the "company match". Since my company has that plan, I'm pretty much excluded from many other options. There won't be any taxpayer gravy train going in my bank account. I will be taxed on the money I set aside to pay for the pensions of those government employees. Real nice.