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This doesn’t remove the pensions, this simply says if the money’s not there the benefits have to be trimmed to make the system healthy. And employees were never promised” cost of living increases, Kavanagh said. But, “if the world was to flip into a recession, and we went into a depression, surely members don’t think that life will go merrily along in the public pension realm.”

House Minority Leader Chad Campbell said Tuesday there are funding problems wi