AI Academy Proposed to Modernize Public Pension Funds

What Happened

Governing highlights the growing need for public pension funds to embrace artificial intelligence. As these pension systems manage billions in assets and serve millions of retirees, pressure is mounting to make smarter investment choices, cut risks, and boost efficiency. The article proposes that these organizations launch an AI academy, focusing on educating trustees, executives, and staff about AI, analytics, and digital innovation. The academy would build in-house skills for evaluating and using emerging technologies, helping pensions become more proactive, efficient, and resilient amid fast-changing markets and regulatory landscapes. Training may cover AI-driven portfolio management, fraud detection, operations automation, and cybersecurity.

Why It Matters

An AI academy could help public pension funds modernize and better serve their beneficiaries while adapting to rapid shifts in finance and technology. Embracing AI may reduce costs, foster innovation, and improve long-term financial health. Read more in our AI News Hub