Detroit was able to actually trim some outrageous costs of public pensions, under emergency state laws.. However, this is the exception...
"In many states, by contrast, local laws and state court rulings have made it virtually impossible to cut back retirement benefits for current government employees, even for work that they have yet to perform. These state protections, which go far beyond any safeguards that federal law provides to private-sector workers, are one reason why so many states and localities are struggling to dig themselves out of pension-system debt, amid sharp increases in costs. It will take significant reforms to state laws—or bigger and more painful bankruptcy cases—to make a real dent in the pension crisis."
"Many state courts—including those in Pennsylvania, Arizona, and Colorado—have been influenced by a series of California legal decisions (often referred to, collectively, as the “California Rule” on pensions) which hold that the pension contract begins immediately upon employment, and that the terms of a government worker’s pension can only change if the alterations are “accompanied by comparable new advantages,” or benefits. The California Rule, University of Chicago legal scholar Richard Epstein has written, “Neuters the power of local governments to alter and amend, by wiping out all government flexibility to correct prior errors in pension program design or funding.” One result, he observes, “is a financial death spiral” in many municipalities."
Government cant reform pension plans, EVEN where the public worker has not yet earned such benefits?This "California Rule " takes sovereignty away from citizens to decide how to spend their tax dollars , and creates a privileged special class of public employees...we must increase taxes endlessly on the poor and struggling private sector workers to perpetually fund the gold plated pensions of our ruling class! These pensions can never be cut!
"....where a number of municipalities entered bankruptcy in recent years, thanks in part to their inability to alter their unaffordable pensions. Courts, meanwhile, have short-circuited reform attempts. Voters in the city of San Jose, where pension costs have risen to $245 million, from $73 million in 2002, passed a ballot initiative in 2012 installing a new, less expensive pension system. But in December, a California judge invalidated the key changes, based on her interpretation of state court precedents.The decision leaves California municipalities facing a bleak future. From 2006 through 2013, local governments that participate in the giant California Public Employees’ Retirement System saw their annual pension costs double, on average. Last year, the CalPERS board voted to require an additional contribution increase of 50 percent, phased in over five years. “While there is time to plan for the increase, the most fiscally stressed municipalities could find the increases unmanageable,” Moody’s wrote."
"In some cities, reformers are challenging these inflexible state rules. San Jose mayor Chuck Reed is promoting a ballot initiative to amend the California constitution and allow municipalities to alter their pension plans. He’s sure to face stiff opposition from government unions, which are likely to spend at least $50 million to defeat the measure."
More proof that our "public servants" are our masters....they dont work for us, we work for them! And soon private sector workers will be toiling at low wages just to fund the absurdly fat pensions of coddled public sector employees, retiring young and in Florida, living it up....