Social Security Mandate effect on plan funding

[Guest Ralph Amadio]

If anyone has recently dealt with the effects of Social Security integration/offset on an existing State or Local governments plan funding status, I would like to hear about it. Since all existing proposals include mandated coverage which "rescues" Social Security for two years--exchanging 20 billion of income for $3 Trillion in unfunded Social Security liability, I'd like to get opinions on whether State and Local plan funding is effected negatively or positively when Social Security is added.