I think I assumed I wasnt going to get a state pension about 10 years ago – in that if I was either eligible (unlikely) it would be worthless in real terms by then.
As for payment from current taxation, ideally UK plc would have done what he Norwegians did with their North Sea oil proceeds and built up a sovereign wealth fund of other assets (gold, bonds, property, shares etc etc) to the tune of $200,000 for every man, woman and child in their country.
Unfortunately the Thatcher government used the windfall to salvage the economy after the last Labour government tried to destroy it 🙂
And no-one has thought to remedy the situation since….ah well.