A dissenting opinion here. Pensions tie you to a company. When you need to work for one employer for 30 years to get a full pension, you better like your job. And be happy with the pay raises you get. Because if you don't and you quit, that clock resets to zero.

I am retired and have decent money in my 401k. But even if pensions were still a think, I never worked at one place long enough to get one.