|
|
|
|
|
by cco
28 days ago
|
|
All in implementation I suppose, but typically pensions _must_ be fulfilled as they are a legal contract with the employees of the state. If you take money out of a pension (typically illegal) or otherwise forgo payments, limit payouts etc, you must backfill those at a later date. They're also treated very seriously by most state law, they're usually senior debt that takes precedence over pretty much any other debt a city/county owes. Really hard to get out from under. |
|