Every defined benefit government pensioner is a defacto millionaire. The problem is that we dont have enough productive private sector workers willing to keep government benefits at the lavish superenumerated level.
Add to that the fact that you have to tax actual productive citizens at such a rate that they cannot keep enough of their money to save for their own pensions
Government pensions will not be paid as expected.
-— Government pensions will not be paid as expected. ——
And there will be much pissing and moaning. Then the walking dead will go after taxpayers with a vengeance.