The pension plans for many government employees still exist. CalPERS (California Public Employees' Retirement System), Illinois Teachers Pension, etc. (https:/

The pension plans for many government employees still exist. CalPERS (California Public Employees' Retirement System), Illinois Teachers Pension, etc. (https://en.wikipedia.org/wiki/List_of_largest_pension_schemes_in_the_United_States https://en.wikipedia.org/wiki/List_of_largest_pension_scheme...) It's the corporate businesses that have gotten rid of pensions in favor of 401k plans.