I still get a pension but the government pays now, versus an annuity. Since I retired early I will loose allot. Those that are 60 and above may loose some depending on how they took their pension. I'm only 56 they will only cover up to a certain amount. Pensions are protected by the same part of the government that would of taken united out of chapter 11. United owed 9 billion dollars into the pension. Can you believe that. 9 BILLION!!!!!!!!!