Given that the current government bailed out private pension plans to the tune of $86 billion dollars as part of the latest COVID-19 relief bill [1], I am not concerned that they will soon tackle the government pension funds which have also have shortfalls.

According to the article, the private pension bailout was "paid for" by ending the enhanced unemployment program in August instead of September. Of course, you don't pay for new spending by "cutting" other new spending.

[1] https://www.forbes.com/sites/ebauer/2021/03/10/the-covid-rel...