It's always been pretty fair I think and when compared with other countries quite generous as well especially when the benefits and subsidies retirees enjoy are considered; still, in a country where the cost of living is skyrocketing it's not enough; many pensioners live a very base existence. Being self-funded will be a thing of the past (for most) if people don't start to think about it (and act). It's a big problem that every one has within their power to mitigate.