How Did Arizona Succeed With Pension Reform? With One Weird Trick . . . - News Summed Up

How Did Arizona Succeed With Pension Reform? With One Weird Trick . . .


gettyIt’s a tired story by now in Illinois: the graduated income tax state constitutional amendment on the ballot this past November failed because of a fundamental lack of trust by the people of Illinois in their elected officials. But how did Arizona ensure that this bill, which did, after all, cut (future) benefits for existing employees, would not be overturned by the Arizona Supreme Court? Through a constitutional amendment, Proposition 124. This is nothing at all like what we expect from a constitutional amendment. Could Pritkzer have passed his graduated tax amendment if there had been guarantees built into the amendment itself, rather than having voters write a blank check to the legislature?


Source: Forbes May 13, 2021 15:45 UTC



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