https://www.nakedcapitalism.com/2023/02/public-pension-funding-average-now-belo… Created Mon, 20/02/2023 - 20:45 Updated Mon, 20/02/2023 - 20:45 That light at the end of the public pension fund tunnel is the headlight of the underfunding train bearing down on them. Tags CalPERS Investment management Investment outlook politics Private Equity Ridiculously obvious scams