A CONCURRENT RESOLUTION urging the state-administered retirement systems to evaluate their portfolios for investments in Russian-based companies, to report those findings on the system's website, and to divest from Russian-based investments in a manner consistent with their fiduciary duty.
RETIREMENT SYSTEMS: Requests state retirement systems to identify China-connected holdings and to report on how to divest from such investments in a prudent and orderly manner.
Requires fiduciaries of public retirement systems to make investment decisions based solely on financial factors. (6/30/25) (OR SEE ACTUARIAL NOTE APV)
Relating to the fiduciary responsibility of the governing body of the public retirement systems in this state and the investment managers and proxy advisors acting on behalf of those systems.
Relating to the fiduciary responsibility of the governing body of the public retirement systems in this state and the investment managers and proxy advisors acting on behalf of those systems.