They have been known to slip.
I had a 50,000 mile CR that had been in a front ender and broke up the timing case, which someone repaired, but the truck never actually got put back on the road.
I believe some shrapnel got in the gears during it's last moments of run time and moved the gear.
Later, someone fired up the engine and EVERY exhaust valve tapped pistons, one valve dropped, killed an injector tip and and not only filled the cylinder with shrapnel, but started torching the piston.
All of this was precipitated by the crank gear slipping.
Mark.