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7min chapter
Surveillance: Kaminski on a 6% 10-Year Yield
Bloomberg Surveillance
The Current State of Pensions in the United States
This chapter analyzes the underfunding of state pension funds in the US, comparing it to the unfunded Social Security program. It examines the performance of state pension funds, their reliance on fixed income elements, and the question of whether risk-taking has changed with improved returns.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode