[eyeamok]

debt obligations for unfunded pension and benefits owed public service employees”

We called these SLAVE CONTRACTS when I was a kid!

[cherry]

speaking of companies and pensions....when a private sector company goes bust, the pension obligations go bust as well for the most part....

but the GOVT workers never have to worry about that....

the Govt has the golden touch because they can run an unsustainable business and loose trillions and still not have to shred a worker or a pension or anything....what a country...