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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
PRESS RELEASE: IPFI Commends CalSTRS for Prioritizing Fiduciary Responsibility
FOR IMMEDIATE RELEASE February 13, 2019 IPFI Commends CalSTRS for Prioritizing Fiduciary Responsibility IPFI commends CalSTRS for opposing a California state bill that would require divesting investments in private prison companies. Washington, DC – The Institute for Pension Fund Integrity (IPFI) would like to commend the California State Teachers’ Retirement System (CalSTRS) for voting to […]
Press Release: Divestment- The Impact of Political Decisions on Public Pensions
FOR IMMEDIATE RELEASE January 9, 2019 New White Paper: Divestment – The Impact of Political Decisions on Public Pensions A year after New York City officials called for the divestment of city pension funds from fossil fuels, divestment remains a costly and dangerous strategy. New research from IPFI details the negative impact of divestment. Arlington, […]
IPFI Applauds Putting Fiduciary Responsibility Over Politics
FOR IMMEDIATE RELEASE November 28, 2018 IPFI Applauds Putting Fiduciary Responsibility Over Politics IPFI staunchly opposes politically motivated divestment and applauds the Canada Pension Plan Investment Board for refusing to give in to political pressure. Washington, DC – The Institute for Pension Fund Integrity (IPFI) would like to congratulate the Canada Pension Plan Investment Board (CPPIB) […]