For serious discussion consideration at your forum....

I believe that way to much focus has been given to not adequately "funding" promised Public Sector pensions. Clearly the ROOT CAUSE of the problem is excessive pension "generosity". There seems to be a serious lack of understanding that "funding" FOLLOWS "generosity", and that very generous pensions are very costly and will always be difficult to fully fund (over the working careers of the employees).

It's a rather minor mathematical exercise to show that the MUCH richer Public (than Private) Sector pension formulas together with the MUCH more generous "provisions" (e.g., very young unreduced full retirement ages, COLA increases, etc.) results in Public Sector pensions that are always multiples greater in value at retirement than those of their comparably paid Private Sector counterparts. It's this excessive and unnecessary (to attract and retain a qualified workforce) generosity that must be reformed ... and to have any near-term financial impact, such reforms must include the FUTURE Service of all CURRENT, and not just new workers