"How To Tell Who's Lying To You: Climate Science Edition"
"Why Europe Rose And Others Did Not"

"New York’s Teamsters May Have Their Pensions Cut. What Went Wrong?"

Not the only cause, but apparently an important one is this:

But an examination of the fund identified other pernicious forces: most notably, illiquid, opaque and high-cost investments. At least 40 percent of the fund is in so-called alternative investments, including expensive private equity deals, hedge funds and real estate.