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A comment on The Pension Hole for U.S. Cities and States Is the Size of Japan’s Economy. Parent comment

Re:The Pension Hole for U.S. Cities and States Is the Size o... by fbonetti on Monday July 30, 2018 @11:55PM (#17650433)
> It's already been established that pensions can be cut in bankruptcy, so, yeah, that's not even a question.

Minor nitpick, but it’s in Illinois’ state constitution that pensions cannot be reduced. Republicans want to change the constitution to remove this rule, but Illinois is an overwhelmingly Democratic state so that’s never going to happen. It will be interesting to see how all of this plays out.

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Re:The Pension Hole for U.S. Cities and States Is the Size o... by dragonwriter on Tuesday July 31, 2018 @01:59AM (#17650878)
> Minor nitpick, but it’s in Illinois’ state constitution that pensions cannot be reduced.

Major nitpick, but in the event of municipal bankruptcy (the context of the store you responded too), federal bankruptcy law trumps state law—including the state constitution—because Supremacy Clause. The bankrupt entity doesn't cut pensions, the bankruptcy court does.

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