Mr. Fahner heads the Civic Committee of the Commercial Club, an influential, business oriented group.
Comment: Just as important, he should be asking “What if the Supreme Court upholds the pension reform bill.” If it’s upheld, it probably will be on the basis that the state’s dire economic situation trumps the pension protection clause, but that would not address all the city and municipal pensions, which would have to make their own case on the facts. Moreover, the pension reform bill does little. Even assuming it is upheld, the unfunded pension liabilities today will far exceed what they were before the bill was signed. That’s because pension liabilities continue to grow and the Kanerva decision alone (which added healthcare costs to the pension liability) grew the numbers by over 50%.