Proposed Divestment of Russian and Belarusian Securities from Police and Fire Retirement Plan
March 23, 2022
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The Frame
The resolution impacts the investment portfolio of the city's police and fire retirement fund, potentially changing the assets held by the pension system.
Potentially affected actors named in the source documents. Mention is not a position.
Consolidated Police & Fire Retirement Plan members
The investment strategy and asset composition of their retirement fund may change if the resolution is adopted.
Board of Trustees of the Consolidated Police & Fire Retirement Plan
The board is tasked with reviewing and potentially executing the divestment of specific securities.
Last recorded activity March 23, 2022.
Next step not available in the current record.
Summary
Key Facts
- The resolution calls for the divestment of all holdings in Russian and Belarusian securities.
- The policy applies specifically to the Board of Trustees of the Consolidated Police & Fire Retirement Plan.
- The document is currently classified as a 'Discussion Item' and is 'Pending In Committee'.
- The resolution was formally introduced on March 18, 2022.
Why It Matters
The resolution impacts the investment portfolio of the city's police and fire retirement fund, potentially changing the assets held by the pension system.
Frequently Asked Questions
What does this resolution do?
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News Coverage
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Geopolitical Alignment of Local Pension Funds
The resolution demonstrates a move to align local municipal investment policies with international sanctions or geopolitical stances.
Connected Entities
Sources
webapi.legistar.com
Analysis Score
0–100- Significance65How much this matters to a regular citizen
- Controversy50Intensity of disagreement among stakeholders
- Entertainment10Compellingness for a non-policy-wonk reader
- Buzz30Current news / social attention level
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