Every month, your employer transfers Bitcoins into a time-locked address that can't be transferred out before you reach retirement age. You have the key to the address. You can verify the transfer on the blockchain.
No middle-men. No funny business. No brokers with pyramid/eyeball shaped logos. No "oops we went bankrupt and lost your retirement." No bail-ins. No raising the age of retirement.
Just Bitcoin.
I do not know if this is possible for now. Maybe in the near future when bitcoin will be accepted by the government and to incorporate it with the likes of this idea. As we all know that bitcoin is not that established right now and there could be some technical problems may arise like losing private keys or compromising the digital wallet account.
Its a great idea but its bit risky. There's huge chances of losing private key. For old people its hard to remember their private key also they can lose the backup they can forgot where they place there private key's backup.
Now almost all pensioners receive a pension on a bank card - they do not forget the code from the card ...
I think if it made at least one government, the citizens would simply breathe a sigh of relief. When the country's inflation and money depreciate at an incredible rate, this is the best solution to the problem of pension funds.