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Barry Richard Gables

QUESTIONS:

1. Does the language appearing on the ballot by which the voters adopted s. 14, Art. X, State Const., have any bearing on the construction of the constitutional provision?

2. If so, what is the meaning of the phrase `fully funded' in the ballot provision?

3. What is the meaning of the phrase `sound actuarial basis' in the constitutional provision?

SUMMARY:

Section 14, Art. X, State Const., prohibits all governmental unit retirement and pension systems supported by public funds from granting increases in benefits unless those increases are funded on a `sound actuarial…