The district says the loan “creates sufficient cash” in order to fulfill pension obligations.
Comptroller says alleged abuses and human rights violations made the investment both immoral and risky.
Although a new petroleum-approved report evokes total divestment from fossil fuels, pension plans and CIOs beg to differ.
Growing investor frustrations at the company’s annual meeting suggests change is imminent, but the board’s history makes implementation unlikely.
Fund accused financial services firm of violating asset management duties.
Young workers will have to work longer and save more than previous generations.
Pension fund claims bill violates the Texas state constitution.
Company uses hydroelectricity plant assets to guarantee letter of credit.
Audit report finds state faces funding shortfall of $33 billion.