A well funded pension plan is not a problem.I don't know that there is such a thing in the public sector. As far as I know public pensions are paid from the general fund(s). That's why states, counties, cities are going bankrupt AND have failing infrastructure among others as a result.
Some retiree's are receiving more from retirement, and growing, than they earned while working.... That doesn't even include other benefits like the ever growing healthcare costs.
I suppose you think all that extra money comes from "well funded" wise investments.
As for pensions, Alicia Munnell, director of the Center for Retirement Research at Boston College, points out that many plans are well funded and argues that we should “dispense with some of the hysteria.”
Wait'll the youth of America truly find out that Public Sector Pops the Retiree is making 2-3 times more walking out to the mailbox twice a month than the youth is making working full-time (AND no benefits!).
The children are going to be hunting for ways not to pay their tax bills, up to and including going Galt.