What do you know about your pension plan? Is it defined benefit, defined contribution or some hybrid version? Does your employer match your contribution? Is it portable, meaning you take it along when you change jobs? Who makes the investment choices? How much do you have in bonds, equities and cash? What about the municipal bond market downturn; did that cause a volcano inside your pension plan? Do you even understand how to read the statement?
Most people are not financial wizards but today almost everyone is more personally responsible than earlier generations for knowing something about retirement and pension plans because the good old days of guaranteed lifetime income have come and gone in nearly all professions.