Re:Illinois pension benefits have grown six times faster tha...
by jrs235 on Wednesday March 28, 2018 @12:56PM
(#16699435)
Likewise, I can try to sue you for the trillion dollars you promised me but again, it doesn't exist and I'll never get it. You can declare bankruptcy and I can try to ask the court for some restitution in an amount the court believes you can support. The court will not, however, force you to be my slave and give me all your earnings from labor. Life ain't fair. Those promised the pensions got screwed. It sucks, I'm sorry... life isn't fair.
The trick here is there's nothing to "take away". These benefits exist only as promises - there's no funding for them. If I promise to you if you work for me for a decade I will give you a trillion dollars, and then turns out I don't actually have the trillion dollars, the theft - or, more precisely, the fraud - doesn't happen when the lack of the trillion dollars is revealed. It happened when I promised you the trillion dollars without having it. The theft from these people has already happened - that's what people fail to realize.