Mostly, no, because defined benefit plans have been all but killed off. Most union jobs have a defined benefit plan, but union representation in the US is unde

Mostly, no, because defined benefit plans have been all but killed off. Most union jobs have a defined benefit plan, but union representation in the US is under 20% I believe. Pension plans are "insured" by a Federal plan (PBGC) but it does not guarantee 100% coverage and has been under severe strain as the number of pension plans drops.