Hm, so currently they just "service the debt", they can issue bonds and just pay out over 50+ years. I don't see why they don't plan for the long term with this

Hm, so currently they just "service the debt", they can issue bonds and just pay out over 50+ years. I don't see why they don't plan for the long term with this. They are relatively a prosperous state. (Good GDP per capita, good income after taxes - https://upload.wikimedia.org/wikipedia/commons/9/9f/Median_household_income_and_taxes.png https://upload.wikimedia.org/wikipedia/commons/9/9f/Median_h... , though life is accordingly expensive 34th overally affordability - https://www.usnews.com/news/best-states/rankings/opportunity/affordability https://www.usnews.com/news/best-states/rankings/opportunity... - better than Florida, Washington, NY, CA, etc. 2017 "PPP" is 112% of national average, close to NY's 115% and CA's 114%.) Though they should just ship pensioners to a cheap-to-live state, eg Florida or Pennsylvania. Okay, okay, armchair policy recommendations are always very nuanced and great (not to mention useful), especially on random internet forums! But the level of dysfunction due to braindead leadership is always surprising.