Pensions don't grab everyone.  When I was a youngish researcher, about 35 years ago, I did a study of employee trustees of pension schemes, and how much influence they had on the way the schemes were managed.  I got quite into this, since it seemed (and seems) to me really interesting that there were employees formally involved in the management of huge sums of capital (even then, in the early 1980s, the funds were worth many billions).  "Pension fund socialism' was a prospect raised by the management guru of the time, Peter Drucker.  In fact I got so into the topic that my friends used to make 'switch-it-off' gestures; years…