Daniel, I understand the frustration like most people of the PERS fiasco. The state and it's citizen have been kicking this can for decades now, with no end in sight. Private citizen want to see a reduced pay out and PERS recipients say that it is a legal contract and tier 1 cannot be reduced. I really do not see either side giving ground or changing way of thinking. Let's frame PERS with a different thought process, keep paying out as it is now and state will just keep running up a bigger unfunded mandate. Say no to all tax increases across-the-board state, county, cities, school districts, fire districts everything. Unlike the federal government the state can not just run a deficit. The state will at some point declare bankruptcy, this is the key to problem. All contracts then can be voided, leaving all PERS recipients with not a penny to their retirement.