What these type of people also happily overlook is just how much money they receive in the way of tax concessions on their Superannuation that allows them to be "self funded". Decades of 15% tax on earnings (and a substantial proportion of contributions) and then no tax for the entirety of their retirement. Those tax benefits are worth more than the pension benefits, and if they want they can spend all that money on themselves and then get the pension as well once most of it is gone - and they get to have however much money they like locked away in their home which is barely counted for the pension assets test.