I think it&#x27;s the opposite: any org (private or public) should be required to pre-fund <i>infinite</i> years of benefits.  That is, if you&#x27;re compensating the employee with benefit X, you should book (the ROR-discounted present value of) that full liability now, irrespective of when you would have to eventually pay it. That one extra month of employee work earned them $100, 80 years from now?  Great, that should be $0.71 less you have to spend.  No 75-year cutoff. (Or 50, or 40, or 25).<p>Any other arrangement is forcing the employee to become an investor, in which case the usual protections should attach.<p>No company should be able to play the game of &quot;oh, man, we totally thought we&#x27;d be making bank 40 years on, bummer we can&#x27;t pay the rest of our worker&#x27;s employment compensation, tough s---.&quot;  And then you have situations like GM, Bethlehem Steel, etc.<p>Why is anyone cool with &quot;don&#x27;t worry, we&#x27;ll be profitable <i>later</i>&quot; when it comes to worker&#x27;s wages?  Why do people like gambling with workers&#x27; promised benefits?