Well not to argue but......All the guys I came up with are now in their late 50's and not one of them want to go past 60. Most are jealous that I was able to go at 56. There was NO pension where I was as an expat, so mine was financed entirely by me. As far as reduction in pensions....well it didn't take a brain surgeon to see which way the wind was blowing so maybe some personal responsibility is in order. However, we're part of the boomer generation that seems to believe that it's our right to have THAT house, boat, car, etc.
And we were planning our future based on the seniority above us leaving at 60.