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February 1, 2016

Divestment group appeals to pension board

FreeDigitalPhotos.net A divestment group would have the state pension fund divest of fossil fuel assets.

A group seeking divestment of fossil fuel assets from the state pension fund plans to deliver a letter ahead of a meeting of the Pension Reserve Investment Management Board on Tuesday.

The letter asks the fund's overseers to "address the risks of continued investment in oil, coal and gas companies," according to an advisory.

The board, chaired by Treasurer Deborah Goldberg, will meet at 9:30 a.m. and the union representatives and environmental activists will deliver the letter about 15 minutes before the start of the meeting.

The group made a similar appeal to the pension board in July.

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