“As long as as ss and pension are solvent I’ll be fine.”
*****
Corporate pensions will suffer better than government pensions, which could go to zero.
Well if they both go, this country is looking at the worse of the Depression 1920’s style.
When the cost of servicing the debt takes too much of the budget, something has to go.
Corporate pensions are covered by government agency insurance. One of my employer went bankrupt, and then the PBGC (?) government agency is paying my pension for 20+ years now.