[Dr. Sivana]

Repudiate their enormous pension obligations to government employees by simply defaulting (in the case of states) or declaring bankruptcy, or else meet them by letting all other necessary government services go to seed.

The pension rules are in the state constitution, a hard thing to shake.

[GeronL]

defined benefit plans are suicide

let teachers fund their own pensions

[vitaman]

Additionally, the state did not pay its portion of pension costs for a number of years but the employees did. Now the sky if falling because of pension mismanagement by the general assembly in Illinois.