This is why defined contribution plans are better in the long run. With a defined contribution plan, the money is yours and you don’t have to rely on your employer.
My husband worked in the private sector since the late 80’s as an IT Executive in NYC. He was fired late last year and given 1 month severance and 1 month continued health benefits which both expired the last day of 2017!. After his job search did not go well we put our house up for sale and are leaving NY this month. We are in our early 50’s and learned quickly that we would never be able to retire in NY. We are not alone. I wish you the best.
Don't believe for a minute that your 401k is safe from evil politicians.
When the pot runs low on Social Security, they're going to grab the 401k's and call them 'contributions' to your own Social Security 'fund' that you've already been contributing to via deductions your entire working life.
Believe it, and act accordingly. It's going to get ugly.