Chicago Teachers' Pension Fund Maintains Policy To Divest From All Investments In Retail Assault Weapons Manufacturers
Retrieved on:
Thursday, April 19, 2018
CTPF Trustees continue to hold fund managers accountable for following this policy to protect teachers and students from mass violence.
Key Points:
- CTPF Trustees continue to hold fund managers accountable for following this policy to protect teachers and students from mass violence.
- A pension fund weighs and balances investment risk, and the bottom line is that investing in weapons manufacturers involves intolerable reputational, regulatory, and statutory risks."
- Established by the Illinois state legislature in 1895, the Chicago Teachers' Pension Fund manages members' assets and administers benefits.
- The $10.8 billion pension fund serves nearly 86,000 members, and provides pension and health insurance benefits to more than 28,000 beneficiaries.