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State Fiscal Constitutions and the Law and Politics of Public Pensions
Prof. Amy Monahan, University of Minnesota Law School Link to more items from this source
May 18, 2014
"[E]ven where explicit constitutional funding requirements are in place, plans often continue to be underfunded both because of political and financial pressures, and also because of the distinct lack of an enforcement mechanism.... [T]hese weakness in pension funding requirements can be addressed through the creation of clear and objective funding standards and, most importantly, through the creation of enforcement mechanisms that can, where appropriate, override legislative decisions to underfund public pension plans."

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