SACRAMENTO – State Treasurer John Chiang today urged CalSTRS board members to divest the pension fund’s holdings in wholesale or retail sellers of military-style assault weapons, ammunition and other devices such as “bump stocks” that are banned in California. Below is a transcript of the Treasurer’s speech: “Chairman Keiley and Investment Committee members… “Exactly one month…
SACRAMENTO – The full state Senate today approved a resolution urging CalPERS and CalSTRS not to invest future resources from their pension plans in Russia. SR 18, authored by Sen. Mark Leno, passed with a 29-1 bipartisan vote. SR 18 was introduced in response to Russia’s new laws that discriminate against lesbian, gay, bisexual and…
SACRAMENTO – A resolution introduced by Sen. Mark Leno that urges the California Public Employees’ Retirement System (CalPERS) and California State Teachers’ Retirement System (CalSTRS) not to invest future resources from their pension plans in Russia passed the Senate Public Employment and Retirement Committee today with a 4-1 bipartisan vote. Senate Resolution 18 was introduced in…
