Any government that is going to prevent people from meaningful savings on their own (by confiscating money to be held by the government for their retirement, but instead pissing it away in the general budget), better be damned willing to do what it takes to live up to their end of the bargain. In other words, responsible people who would have saved on their own (and would have ended up with quite a bit more ROI than the Feds are providing) were denied that opportunity, all the while being told that they would be taken care of.
You sound shocked, shocked, that politicians lie.
Nothing more human than to try to have someone else pay your bills.