The pension crisis, the retirement money you’re owed for paying into the program at work, is bigger for public employees, yet both government and private businesses say the other is to blame for the underpinning economy. Middle-class America have historically relied on savings and pension plans to live during retirement. Yet today, the age of retirement continues to drop, from 65 to 62, half of those in retirement face mounting private debt.

One retiree had his pension plan reduced because the city he worked for defaulted on borrowed funds.

What you can do is invest in less volatile things than stocks, like precious metals (and government bonds).

Here’s how we got to a trillion-dollar pension crisis