The MI constitution of 1963 appears to be written with unions in mind, and provides for pri-planned suicide. Seems to me the state needs to... do a bit of shrugging:
§ 24 Public pension plans and retirement systems, obligation.
Sec. 24. The accrued financial benefits of each pension plan and retirement system of the
state and its political subdivisions shall be a contractual obligation thereof which shall not be
diminished or impaired thereby.
Weren’t we told by the Liberals, on a multitude of occasions, that Constitutions were living documents?? Well it appears this one is currently on life support... yep!
The Illinois State Constitution has a very similar provision. This was pointed out to me by a teacher, rather smugly in fact.
So I told her: “When the State is bankrupt you take can your copy of the Illinois Constitution down to the bank and see if they’ll cash it, you moron.”