Thanks for the insightful replies, I'm really sorry for you guys living in the "land of the free", at-will employment, union busting, shitty retirement options etc etc.
I hope either things improve (doubt) or you can leave. ❤️
How are you Americans defining a pension? As I read it, a 401k is a Defined Contribution plan invested in stocks/shares, with contributions from the employee and employer.
Which matches a normal UK definition of a DC pension plan, do you only class Defined Benefit schemes as a "pension"?
Don't panic, they never will as it involves reading.