Under this bill, taxpayers alone absorb the $85 billion by which the state pension system currently is underfunded. But this huge liability for citizens and employers can't continue to grow unchecked. Going forward, lawmakers need to behave as if they were enacting a new pension system. What would those pension benefits cost? And how would taxpayers and employees — together — pay for them?
Decades of reckless pension giveaways now overload that responsibility on taxpayers and threaten virtually every other function of government.Grow up. Save your state.