PERS benefits have actually been reduced over 20 times since 1995. 60% of the current deficit is due to increased health care costs. 20% of it is due to PERS payments, and some of that is a result of illegal cuts to PERS a few years ago. It's time to quit pilfering old folks' retirements to pay for state spending. It's been done enough. And it's time for corporations to pay their fair share.