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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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To: morphing libertarian
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.

Michigan Constitution also guaranteed pensions. Didn't matter. Federal bankruptcy law, and the judges who administer it, supersedes state constitution.

34 posted on 01/24/2019 2:37:38 PM PST by PapaBear3625 ("Those who can make you believe absurdities, can make you commit atrocities." -- Voltaire)
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