I imagine the generations that follow them into OAPhood won't have as many gold-plated public sector pensions to sustain so that might bring it down a bit. I dunno, just taking a stab in the dark.
I just know the pensions my parents got for working in local government were bananas and those days are purported to have gone.
Maybe, but hopefully your parents will live for a little while longer yet. The maths have changed fundamentally since state pensions were introduced, both in terms of the life expectancy of people, the demographics of the population as a whole, and even the kind of jobs people typically do (with a huge shift towards service-related work). It's responsible to revisit the equation and see if it still makes sense, but politicians generally don't because those near to retirement age kick up a stink because they think that 'they've been paying in all their lives' (when that's not how pensions are funded), and older folk vote way more than younger folk, so they're quite happy to shift the burden for paying for the pensions onto the younger, working age generation.

