Yes, a bailout is probably unavoidable, but it'll be a bitter pill to swallow.
Social insurance as a pay-as-you-go system? Yeah, probably. But public pensions are fundamentally different.
Have politicians in states with severely-underfunded public pension stopped digging? I say no.
How do we persuade others that pension funding matters, when our parents and grandparents were just fine with pay-as-you-go?
Why, indeed, should people care about pensions in these states?