“Public” employers should be held to the same rule as “private” employers: Fund TODAY any promise you make TODAY that requires spending on pensions and benefits TOMORROW.
Failure to fund today is inter-generational theft.
Do you remember when the “Balanced Budget” clause in every Constitution or Carter actually did protect future generations?
When (if ever) where those clauses repealed?
Beats me as to when they were repealed. As I see it any rule, regulation, or whatever must be accompanied by the full name and address of the author. Enough of this rule by faceless nameless dumba55es.