I think it depends on the state really, what they have done in NJ for most unions and government pensions is they now make people pay for certain things like healthcare. Pensions and social security are the biggest cost to the US government by far. With people living longer, they are going to need to figure out ways to cut payments. I think they will probably continue to have people pay more out of their pensions for benefits and increase the years before you can get a full pension. I think you dont really have to worry about losing your pension now if you have one, but I would invest additionally just on the odd chance something weird happens. If it doesnt then you have extra money to retire on, which is much better than wishing you had.