Iowa’s proposed anti-ESG legislation is like other states efforts that have reduced revenues and put taxpayers at risk. https://buff.ly/4fON9uv #apsr #retiresecurely #pensionsnotpolitics
@AGIowa has introduced legislation that would prohibit fiduciaries from managing the states' public pension plans if they consider environmental, social, and governance (ESG) factors. https://buff.ly/4fON9uv #apsr #retiresecurely #pensionsnotpolitics
President Biden signed the Social Security Fairness Act this past weekend, repealing limits on social security benefits for police, firefighters, teachers and other public employees. https://buff.ly/4gENgKn #apsr #pensionsnotpolitics #retiresecurely
A big win for retired public sector workers as a new law repeals limits on Social Security benefits. https://buff.ly/4gENgKn #apsr #pensionsnotpolitics #retiresecurely
The Social Security Fairness Act, signed this past weekend by President Biden, repeals limits on benefits for retired public workers who also get pension income. https://buff.ly/4gENgKn #apsr #pensionsnotpolitics #retiresecurely
Top government lawyers from several states are suing three investment advisors in a politically motivated move that could harm their own citizens’ investments in some of the most successful funds on the planet. https://buff.ly/4gvAhL4 #apsr #pensionsnotpolitics #retiresecurely
With the elections behind us and the end of 2024 just days away, new risks of political interference in public pension investing and #retirement security are coming into focus. https://buff.ly/3ZJ9wgd #apsr #retiresecurely #pensionsnotpolitics
Indiana’s public retirees are getting solid financial results from @BlackRock, state officials admit, but in a victory for politics over performance, they’re dumping the firm for what they call “woke corporate policies." https://buff.ly/3VFHQGD #apsr #pensionsnotpolitics #retiresecurely
Congress voted to repeal federal laws that limit Social Security benefits for people who also have public-sector pensions, giving full SS benefits to 2.8 million Americans. https://buff.ly/4gKNwqP #apsr #pensionsnotpolitics #retiresecurely
Indiana’s pension board liked @BlackRock’s financial performance, but not its supposedly “woke corporate policies.” For @INPRS, politics trumps performance when it comes to their state retirees... https://buff.ly/3VFHQGD #apsr#pensionsnotpolitics #retiresecurely
Limits on Social Security benefits for people who also have public pensions — firefighters, first responders, teachers, and others public servants — will disappear under legislation overwhelmingly approved by Congress. https://buff.ly/4gKNwqP #apsr #pensionsnotpolitics #retiresecurely
Nearly 3 million people — teachers, first responders, police officers — will get Social Security that had been limited because they also get public pensions. A big win for public employees! https://buff.ly/4gKNwqP #apsr #pensionsnotpolitics #retiresecurely
A recent survey by @RetirementRsrch reveals a disconnect: While many small business owners want to offer #retirement plans, misconceptions about costs hold them back. https://buff.ly/3ZGRERG #apsr #retiresecurely #pensionsnotpolitics
Elections are behind us, and you can expect a revived debate over pensions blocking, allowing, or encouraging ESG and other non-financial factors to enter into decisions about public pension investing and, more generally, public finance. https://buff.ly/3ZJ9wgd #retiresecurely #pensionsnotpolitics
After @INPRS staff admitted @BlackRock had “done a great job” and “fees have been low”, Indiana’s pension board still opted to kill the firm’s contract — putting culture-war politics ahead of financial results. https://buff.ly/3VFHQGD #apsr #pensionsnotpolitics #retiresecurely
The main barriers to small business owners thinking about offering #retirement plans are concerns about the stability and size of the firm and the perceived costs of a plan, a recent survey by @RetirementRsrch found. https://buff.ly/3ZGRERG #apsr #retiresecurely #pensionsnotpolitics
Indiana’s state pension system axed an investment adviser accused of putting ESG considerations ahead of financial goals — and will now choose from three firms that are on other states’ ESG boycott lists... https://buff.ly/3VFHQGD #apsr #pensionsnotpolitics #retiresecurely
Individual investors aren’t playing political games. They’re purchasing securities when ESG-related news is positive for their stock’s performance, and selling when the implications are negative, according to a new study. Just as a fiduciary should. https://buff.ly/49nTPhu #apsr #retiresecurely
Social Security costs are higher than revenue. Without changes, the program will run out of money in a decade. A @Bankrate survey finds more than 70% of adults fear their benefits will disappear. https://buff.ly/4ikBaqQ #apsr #pensionsnotpolitics #retiresecurely
As the election year ends, state officials across the U.S. are redoubling their efforts to blacklist investment advisers they accuse of injecting non-financial factors into their decisions about pensions and public finance. https://buff.ly/3ZJ9wgd #apsr #retiresecurely #pensionsnotpolitics
Providing retirement plans for employees of small businesses isn’t as expensive as many owners and managers think. @SmallBizFuture, an #apsr member, outlines some options: https://buff.ly/4irHb5s #retiresecurely #pensionsnotpolitics
Seven more organizations recently joined #apsr to protect public pensions from politics, to keep the focus on fiduciary responsibility and sound investments, to maximize returns, and to ensure public servants will have what they need to #retiresecurely https://buff.ly/3BudArf
Indiana’s public retirees are getting solid financial results from @BlackRock, state officials admit, but regardless they are still choosing politics over performance and dumping the firm for what they call “woke corporate policies.” https://buff.ly/3VFHQGD #apsr #pensionsnotpolitics #retiresecurely
Indiana’s pension board liked @BlackRock’s financial performance, but not its supposedly “woke corporate policies.” For @INPRS, politics trumps performance when it comes to state retirees. https://buff.ly/3VFHQGD #apsr #pensionsnotpolitics #retiresecurely
With the elections behind us and the end of 2024 just a few weeks away, new risks of political interference in public pension investing and retirement security are coming into focus. https://buff.ly/3ZJ9wgd #apsr #retiresecurely #pensionsnotpolitics
Small companies can provide retirement plans for their employees for less money than they think, according to @SmallBizFuture, an #apsr member. They’ve got how-to tips: https://buff.ly/4irHb5s #retiresecurely #pensionsnotpolitics
The Alliance for Prosperity and a Secure Retirement is happy to welcome seven new members that joined the coalition over the past several weeks to help fight to keep politics out of pensions and public finance. https://buff.ly/3BudArf #apsr #retiresecurely #pensionsnotpolitics
The impact of the recent US Presidential election on ESG matters is expected to be wide-ranging, with a broad pullback expected in federal rulemaking, alongside the reversal of several policies, @thomsonreuters writes. https://buff.ly/41scOpg #apsr #retiresecurely #pensionsnotpolitics
The Texas GOP’s war on ESG is not really about the freedom to invest your money to match your values. These laws and lawsuits aim to bail out the oil and gas industry, @cltomlinson writes in the @HoustonChron. https://buff.ly/4fZYVDi #apsr #retiresecurely #pensionsnotpolitics
“But for many Republicans, it's politically unacceptable for investors to want to be aware of — or agitate against — the degree to which the companies they own are contributing to and preparing for the climate crisis,” @Axios writes. https://buff.ly/4iqROW0 #apsr #retiresecurely #pensionsnotpolitics