PRESS RELEASE: California Treasurer Inserts Politics Into the Management of Teacher Retirement Fund

FOR IMMEDIATE RELEASE September 12, 2019 California Treasurer Inserts Politics Into the Management of Teacher Retirement Fund  The Institute for Pension Fund Integrity urges California Treasurer Fiona Ma to prioritize her fiduciary duty instead of politics to optimize state investments.   Arlington, VA – Yesterday, California Treasurer Fiona Ma, CPA, decided that supporting a political stunt […]

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PRESS RELEASE: SEC Commission Guidance on Proxy Voting is Encouraging

FOR IMMEDIATE RELEASE August 21, 2019 SEC Commission Guidance on Proxy Voting is Encouraging The Institute for Pension Fund Integrity commends the SEC for moving towards greater clarity on the proxy voting requirements and fiduciary responsibility for institutional investors. However, more is needed. Arlington, VA – The Securities and Exchange Commission (SEC) has been reviewing […]

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Opinion/Letter: Divestment vote was doubly wrong – Christopher Burnham in the Charlottesville Daily Progress

This letter to the Editor originally appeared in the Charlottesville The Daily Progress on August 13, 2019 Charlottesville voted to divest from fossil fuels and national defense companies. The City Council of Charlottesville seeks to disassociate itself from companies that fuel our cars, heat our schools and businesses, or support our armed forces. As a Virginian and […]

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PRESS RELEASE: IPFI Urges Pittsburgh Pension Board to Stay Strong Against Politicization of Fund

FOR IMMEDIATE  RELEASE July 1, 2019            IPFI Urges Pittsburgh Pension Board to Stay Strong Against Politicization of Fund   As the Pittsburgh Comprehensive Municipal Pension Trust Fund faces calls to divest from gun manufacturers and other companies, board members should continue prioritizing the secure retirement of its retirees. Arlington, VA – On the heels of […]

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PRESS RELEASE: Pension Funds Should Not be Used as Leverage for Social Movements

FOR IMMEDIATE  RELEASE May 8, 2019            Pension Funds Should Not be Used as Leverage for Social Movements   The Institute for Pension Fund Integrity hosted a morning breakfast discussion on public pensions, proxy advisory firms, and the ESG investing with all participants ultimately agreeing that “pension funds should not be used as leverage for […]

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Public Pensions, Proxy Advisory Firms, And ESG Investing: Join IPFI for a breakfast discussion – May 8, 2019

You’re invited! Join IPFI for a breakfast discussion on Wednesday, May 8, 2019 at 8:15 am. RSVP Required. America’s public pensions are faced with increasing pressure from outside stakeholders to influence their investment strategies. This pressure includes everything from urging pensions to divest from various holdings, to the outsized influence that proxy advisory firms leverage […]

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IPFI Opposes NY Fossil Fuel Divestment Act

Institute for Pension Fund Integrity Opposes New York Senate Bill 2126, the Fossil Fuel Divestment Act   The Institute for Pension Fund Integrity has authored a letter of opposition to New York State Senator Liz Krueger and New York Assembly Assistant Speaker Felix Ortiz to express the organization’s position against the proposed Fossil Fuel Divestment […]

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CalPERS Chooses Prudent Management Over Politics Earning Praise From Pension Warriors

FOR IMMEDIATE RELEASE March 19, 2019 CalPERS Chooses Prudent Management Over Politics Earning Praise From Pension Warriors During the monthly CalPERS Investment Committee meeting, the board members voted to support the staff recommendation to oppose AB 33, which would require the divestment of funds from private prisons.   WASHINGTON, D.C. – In part driven by […]

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IPFI Applauds CalPERS for Choosing Fiduciary Responsibility Over Political Pressure

FOR IMMEDIATE RELEASE March, 14, 2019 IPFI Applauds CalPERS for Choosing Fiduciary Responsibility Over Political Pressure Instead of caving to fringe political movements, IPFI commends CalPERS for prioritizing its members and opposing legislation forcing it to divest from private prison companies. WASHINGTON, D.C. – As California faces the possibility of another forced divestment, the Institute […]

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IPFI Board Members Submit Commentary to the SEC

IPFI Board Members Brower and O’Connor Submit Commentary to the SEC The recent op-ed  in Investors Business Daily by IPFI Board Members Richard Brower and Kevin O’Connor was submitted to the Securities and Exchange Commission (SEC) as formal commentary regarding the proxy process.  Re: [File No. 4-725] Dear Mr. Fields, As retired firefighters, we know as well as […]

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