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To: morphing libertarian
already LOCKED into the contract

Federal Bankruptcy judges often don't give a damn about what goodies some contract promised, as Detroit pensioners discovered

29 posted on 01/24/2019 11:09:09 AM PST by PapaBear3625 ("Those who can make you believe absurdities, can make you commit atrocities." -- Voltaire)
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To: PapaBear3625

The constitution of Cal protects the pensions of public employees. So the state has to find the money because their pensions, once approved, are ‘locked” in.

I also believe I recall judges upholding pensions in other states. But can’t cite.


30 posted on 01/24/2019 11:30:01 AM PST by morphing libertarian (Use Comey's Report; Indict Hillary now; build Kate's wall. --- Proud Smelly Walmart Deplorable)
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