ESG will make things worse.
CalPERS’ funded status falls 11 percentage points to 71%
https://www.pionline.com/pension-funds/calpers-funded-status-falls-11-percentage-points-71
CalPERS CIO: Pension fund missed out on some private equity returns in past 10 years
https://www.pionline.com/pension-funds/calpers-cio-pension-fund-missed-out-some-private-equity-returns-past-10-years
Thank you for your post. I am going to send the info to CalPERS. I am sure they will ignore it, but at least they will be aware not everybody falls for their BS.