My Google Pixel 1 isn’t running this patch level, because Google dropped support for it entirely. Which just sucks, because there’s no reason not to support it anymore, it’s just planned obsolescence.
Qualcomm stops supporting their processors after a few years, usually three. They can make more money by selling new chips. Although I say this cynically, Qualcomm is actually the best third party vendor in this regard.
Edit: J"ust like their predecessors, they'll get Android security updates for three years, until October 2022." says Android Police.
Considering most people don't buy it at launch, this amounts to 2-ish years of support on average.
I assume Google can afford a couple of lawyers.