No. Its a contract between you and the pension fund.
If you put in the required number of years to be fully vested, you’re legally owed your pension.
Not your problem if they didn’t do their due diligence on whether they could afford it.
You put in all those years of work and they should count for something.
Private companies also have contracts with pension funds but when they can no longer afford them they are able to declare bankruptcy. When public pension funds grow beyond the ability of the taxpayers to pay for them at reasonable tax rates, then cities and states should also be able to declare bankruptcy.
Defined benefit pensions for most public employees should have gone the way of the dodo 25 years ago. The fact that they haven’t is criminal.
News flash. Bankruptcy effectively voids contracts all the time.
Still cant get blood from turnips.
Pension finds habe gone broke many times before. Raising taxes to pay outrageous pensions from people who have no pension at all probably cant be done.