Or stop raiding pensions and other tax receipts to pay for other underfunded government obligations (resulting from inane tax cuts that only benefit the very wealthy)?
http://www.latimes.com/projects/la-me-pension-crisis-davis-d...
(the report places much blame on aggressive assumptions about investment performance)
For states, I am interested in specific cases.
If a state is going to have pensions they need to be independently managed and firewalled from the hands of politicians.
https://kypolicy.org/shifting-health-costs-employees-become-...
>Kentucky has shifted more of the responsibility to pay for health benefits to public sector workers in recent years and then used the savings to help fill holes in the budget. Even after these transfers from the employees’ health plan, its fund balance is continuing to grow, making it a target in the new budget. Governor Bevin’s budget plan includes transferring $500 million out of the plan in 2018 into a new “permanent fund.”
>Over a period of years, balances built up in the state’s plan as more was collected in employer and employee contributions than was paid out in claims. In recent years, the state began to transfer those monies to plug other holes in the budget. Kentucky transferred $50 million in 2009 and $93 million in 2015. For budget year 2016, the state will shift another $63.5 million from the plan to the state’s rainy day fund.