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Tag: Pensions

Does Colorado’s public pension program invest in companies that boycott Israel?
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State, The Colorado Sun

Does Colorado’s public pension program invest in companies that boycott Israel?

By Justin George | The Colorado Sun Colorado’s Public Employees’ Retirement Association, or PERA, is barred from investing in companies that have economic prohibitions against Israel under a law passed in 2016. The law requires PERA to identify all companies that have economic prohibitions against Israel and put together a list of these companies twice a year. PERA must notify any company on the list that it could be subject to divestment if the company continues its anti-Israel policy. If the company hasn’t dropped its policy within 180 days of being notified, PERA is required to stop investing in it. This year, a Colorado house bill proposed to repeal the rule but it failed. The issue has come under greater scrutiny since Israel has been at war in Palestine since an Oct. 7, 2023...
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PODCAST: Looking at PERA, the pension plan that supports 140,000 Coloradans
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Common Sense Institute, State

PODCAST: Looking at PERA, the pension plan that supports 140,000 Coloradans

By D.J. Summers | Common Sense Institute What exactly is PERA? Are state and public employees getting the short end of the stick? Is PERA financially sound? And how is Colorado managing these challenges? PERA obligations might sound dull at first, but this is a conversation that affects nearly 140,000 public employees in Colorado. Join us as we delve into these vital questions and more. CLICK HERE TO LISTEN TO THE ENTIRE PODCAST
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