By Elizabeth Bauer, includes “… Ralph Martire and the CTBA (Center for Tax and Budget Accountability) have proposed issuing a combination of pension obligation bonds and a reduced, 70% target (well below an appropriate funding level) in 2045, to achieve a reduced and flattened payment schedule. (Remember, anyone who promotes pension obligation bonds as a form of 'refinancing' is not to be trusted.) Is this what Pritzker means? …”