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Chicago Mayor Orders Pension Funds to Review Holdings in Weapons Companies
Pensions & Investments
Jan. 14, 2013 "'If our fund managers have invested in a company that manufactures or sells assault weapons, I will ask them to remove these investments from our retirement funds,' said [Chicago Mayor Rahm] Emanuel, who ordered Comptroller Amer Ahmad to request the analysis from the city's five pension and retirement funds. The five funds, with total assets of about $12 billion, are the Chicago Laborers' Annuity & Benefit Fund, the Municipal Employees' Annuity & Benefit Fund of Chicago, Chicago Policemen's Annuity & Benefit Fund, Chicago Park Employees' Annuity & Benefit Fund and the Chicago Firemen." MORE >> |
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