Having a company pension wiped out is a terrible thing, no doubt. It has happened a lot in the past, including the recent past.
What is the governments responsibility to you when you pension is wiped out? You made a contract with an individual or company who failed to keep it. Other than allowing you to sue them, what should the government do for you now that you have suffered this loss.
My answer is: nothing. Do you object to that? Why?
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Your question makes no sense in relation to my post.