Not exact matches
By law, the
pension system, which is
constitutionally guaranteed, must be fully funded - able to cover the retirements of all workers.
The rift deepened last year, after Sweeney reneged on a pledge to allow a public referendum on
constitutionally guaranteeing that the state regularly contribute to its public employee
pension funds.»
Maybe clever ways will be found to default on
pensions (often
constitutionally guaranteed, but politicians don't always honor Constitutions) and municipal obligations.