Tell his state legislature and governor to fund their liabilities and/or reduce COLAs...
Also spend less on investment consultants and paying all crazy fees for alt investments.
(I kid, kid. But when I was working at investment management company, we pitched a lot to these state and local pension funds. The stuff they invest in, the amount of fancy consultants used, and their poor returns... smh
)
Reminded of me this old story from WSJ
What Does Nevada’s $35 Billion Fund Manager Do All Day? Nothing Nevada goes passive to beat peers; BLT or tuna