Rubenstein: Some State Pension Funds Are Massively Underfunded

The video discusses the challenges faced by pension funds, including underfunding and the need for higher returns. It highlights the role of fixed income and private equity in improving fund performance. The US Social Security system's issues are examined, emphasizing demographic changes and funding gaps. The video also explores alternative investments and the controversy surrounding ESG in the US.

What are the current challenges faced by state pension funds in the United States?

How does the funding status of CalPERS compare to other state pension funds?

What impact do higher fixed income rates have on pension funds?

What role does private equity play in the funding of state pension funds?

What are the potential solutions to address the funding gaps in pension systems?

Discuss the implications of the demographic changes on Social Security and pension systems.

How has the perception of ESG (Environmental, Social, and Governance) investing changed in the United States?