The city council will also consider a legislative package aiming to tackle climate change.
The legislation aims to increase the rate at which PE and hedge fund managers are taxed.
The state pension fund has more than $1 billion invested in companies such as Chevron, Exxon, and ConocoPhillips.
Relief Measures: American Retirement Association Wants to Squeeze Pension Relief into Third Coronavirus Aid Bill
Citing under-representation in the current KRS board, the system puts forth legislation to establish its own panel.