On Today's episode, I interviewed Russel Kamp. Mr. Kamp is a managing partner at Ryan ALM, a public pensions consulting firm. Their strategy relies on Cash-Flow driven investments (CDIs) to cover monthly payouts to its participants. This short-term security allows protects them from the volatile changes in the stock market, thus allowing them to sell high volatility assets at opportune moments. Furthermore, Ryan ALM uses a Custom Liabilities index in order to measure the risks and real value within a pension system. You can find Russel's work at Kampconsultingblog.com

 From this perspective, we asked Mr. Kamp about his opinion on why public pensions are currently in a state of rapid decline, as well as his solutions. We covered a wide range of topics from Pre to post-Covid pensions as well as the state of unions in America.