Then 29% must not know what a pension is. I don't know too many companies offering pensions these days.
“Dodging the bill-The great public-sector pension rip-off”
From The Economist print edition
July 9, 2009
JOIN a private-sector company these days and you will be very lucky if you get a pension linked to your final salary. In Britain almost three out of four companies that retain such schemes have closed them to new employees. The cost of paying such benefits, which are partly linked to inflation and offer payouts to surviving spouses, is simply too high now that many retirees are surviving into their 80s.
Yet most new public-sector employees in Britain and America continue to benefit from pensions linked to their salaries. The pension costs facing the public sector are roughly the same as those facing the private sector; their employees are likely to live just as long. But because of the presumed largesse of future taxpayers, governments seem under much less pressure to reduce their pension costs. In 2005 a reform package in Britain raised the retirement age for new state employees, but still left existing employees able to retire at 60.
http://www.economist.com/opinion/displaystory.cfm?story_id=13988606
Perhaps the real reason why public-sector pension costs have not been tackled is that the full bill has never been revealed to taxpayers.