https://fred.stlouisfed.org/series/BOGZ1FL594090005Q https://fred.stlouisfed.org/series/BOGZ1FL594090005Q 25 trill of pension assets in the US. It's a lot. It'

https://fred.stlouisfed.org/series/BOGZ1FL594090005Q https://fred.stlouisfed.org/series/BOGZ1FL594090005Q 25 trill of pension assets in the US. It's a lot. It's money for teachers, police, other government workers, all kinds of regular folks. Many of them don't know where the money goes and it's not legally theirs, but it's legally owned by an entity which has obligations to them, so it's almost as good as theirs.