EXCLUSIVE: Asset Managers Leveraged Red State Pension Funds To Back ‘Racial Equity,’ Climate Agenda, Report Finds
A report by the conservative watchdog group American Accountability Foundation found that several asset managers used Idaho residents' pension funds to support racial and climate change agendas in 2022 and 2023. The Public Employees' Retirement System of Idaho (PERSI) used six asset management firms — Adelante Capital Management, AllianceBernstein, Brandes Investment Partners, Fiera Capital, Longview […]
DWP union sues city of L.A. over pension double-dipping
The union representing Los Angeles Department of Water and Power employees is suing the city for allowing retired employees from other city departments to work for the department while collecting pensions. The lawsuit, filed Tuesday by the International Union of Electrical Workers Local 18, argues that the city's charter prohibits people who retire while receiving […]
News Flash • Board Vote Wipes Out Law Enforcement Pension De
The Maricopa County Board of Supervisors today unanimously took action to cancel all unfunded pension liabilities for retiring law enforcement officers. “This is a major victory for fiscal responsibility, as other governments fall further behind in pension funding, and we are ensuring these valued public servants receive the retirement benefits they've earned,” said Chairman Jack […]
State Pension Fund Is Invested in Deal to Drain Arizona’s Dwindling Groundwater
As rural Arizona residents face the prospect of their wells running dry, foreign companies are siphoning the state's vast groundwater to grow hay for Saudi Arabia and other wealthy countries. Now it turns out that the primary investor in the water transfer plan is Arizona's own employee retirement fund. In La Paz County, a rural […]
State pension fund helping Middle Eastern firm export Arizona groundwater
As rural Arizona residents face the prospect of their wells running dry, foreign companies are siphoning the state's vast groundwater to grow hay for Saudi Arabia and other wealthy countries. Now it turns out that the primary investor in the water transfer plan is Arizona's own employee retirement fund. In La Paz County, a rural […]
State Pension Fund Is Helping a Middle Eastern Firm Export Arizona’s Precious Groundwater – Mother Jones
A new groundwater pump was installed in 2017 for agricultural use in La Paz County, Arizona. Deborah Souza Silva This article is a collaboration between: mother jones and Revealed by the Investigative Reporting Center, a nonprofit investigative news organization.Please listen to this too reveal's accompanying podcast, 'Arizona's Great Water Acquisition” As a rural Arizonan Facing […]
State Pension Fund is Helping a Middle Eastern Firm Export Arizona’s Precious Groundwater
As rural Arizona residents face the prospect of their wells running dry, foreign companies are siphoning the state's vast groundwater to grow hay for Saudi Arabia and other wealthy countries. Now it turns out that the primary investor in the water transfer plan is Arizona's own employee retirement fund. In La Paz County, a rural […]
FACT CHECK: Viral Video Shows Couple Dining In France Amid Pension Reform Riots
video shared on twitter It claims to show a couple dining outdoors in France during the recent riots. All is well, folks. It’s a totally, totally normal date night. They’re just chatting in front of crackling fireplaces over fine wine. 🤣🤣🤣https://t.co/kZcvAbka1f#chaotic good #French Protests # all is well #France #french riot #france on fire… pic.twitter.com/AWGtpRq13Q […]
Supervisors discuss $14.1 million shortfall in their state public safety pension account | News
How to address the $14.1 million unfunded debt in La Paz County accounts from the Arizona Public Safety Employees’ Retirement Plan was on the agenda for a work session of the County Oversight Board on May 1. District 2 Superintendent Deuce Minor described the unfunded liability as follows: “A Gift from the Country” Minor said […]