Not acceptable to you, of course, just like it's not acceptable to me to stick taxpayers with nearly all of it.

The fact is, much of the problem isn't limited to just PERA, it's the basic design of pensions to begin with.  Pension systems across the country are having many of the same issues, some even worse.  To not wake up and realize that there's a structural problem there is just dooming ourselves to make the same mistake over and over.