The CFA Blog
Pension finance, demystified.
Because public capital is worker power.
Nuance as hope. Six years of ideas, stories, and tools for workers, trustees, and organizers — still here, still yours.
Your pension is political.
Your money has a vote.
Climate risk is your risk.
Public workers built this economy. Their savings should reflect that.
The boardroom is closer than you think.
Fiduciary duty belongs to you.
$6 trillion in worker savings. Are they working for workers?
Video: Risk and Opportunity in Private Market Investments
Learn how public pensions can manage climate risk and opportunity in private markets with responsible stewardship in mind.
Video: Public Pensions and the Prisoner’s Dilemma - Part 2
Public pension funds face systemic risks like climate change, inequality, and market instability that cannot be diversified away. This explainer uses the Prisoner’s Dilemma to show how long-term investors can shift outcomes through cooperation, engagement, proxy voting, and shared governance strategies that protect retirement security and market stability.
Video: Let’s Talk About Double Materiality...
Double materiality looks at the financial risk to the company and the company’s impact on the people and planet. This is critical for pension funds and long-term investors.
Video: Three Ways to Engage Pension Trustees as a Beneficiary
If you have a public pension, you already have a voice — the question is, how do you use it? Here are three ways to engage the trustees who oversee your retirement fund.
Video: Let’s Talk About the Prisoner’s Dilemma...
If you’ve ever played a game where everyone loses because no one was willing to take the first risk, you already understand the Prisoner’s Dilemma. It’s one of the simplest and most powerful concepts in economics and game theory.