SEAC Position on Divestiture of Fund Investments

School Employers Association of California (SEAC) believes that the sustainability and integrity of the CalPERS and CalSTRS pension funds are higher priorities than divestment policies or mandates that are inconsistent with the pension systems’ efforts to maximize risk-adjusted investment returns, control employer and employee contribution rates, and provide the retirement benefits promised to their members.

Adopted by the SEAC Board of Directors, March 20, 2017