Many cities and local governments in Michigan face the problem of underfunded pensions. And OPEB is highly underfunded in many or
most Michigan cities. How will the candidates for governor discuss this important issue and how will they resolve the problem. Bankruptcy will give local governments the option to not pay pensions but that is not a desirable process. It is difficult to see many groups of pensioners agree to take less but those in Detroit did since they faced the possibility of much bigger cuts from the bankruptcy court.