florida pension fund russia

And with the hard-earned money of our state employees and the strong pension fund that we have we shouldnt be investing in. A 300 million slice of Floridas nearly 200 billion public pension portfolio is invested in Russian companies.

A Florida Pension Is Suing To Prevent A Quick Merger For Elon Musk S Proposed 44 Billion Twitter Buyout

Charlie Crist D-Fla and Debbie Wasserman Schultz D-Fla sent a letter signed by all Florida Democratic members of Congress calling Gov.

. We have 300 million of Florida Pension Retirement Savings that are currently invested in Russia he says. Ron DeSantis to immediately divest the Florida Retirement System from Russian-owned or headquartered businesses and entities in response to Vladimir Putins invasion of Ukraine. TALLAHASSEE Floridas massive public pension fund includes 160 million invested in Russian companies sanctioned this year by the Trump administration including a handful of holdings on the. Analysis Largest US.

On March 3 the amendment failed by a party-line vote. The board has about 195 billion in assets for the states retirement system which includes the states pension fund. Pennsylvania state Sen. On another issue managers of the state pension fund said Florida cannot divest its holdings of about 300 million in Russian companies.

Florida pension investments flow to Russian companies targeted by Trump administration. There was an amendment to divest our state pension funds from investing with Russia. John DiSanto was one of the critics of a recent move by the states SERS pension fund on which he is a board member to sell off Russian investments arguing that a fire. Floridas pension fund is stuck holding 300 million in Russian investments.

The state board of administrations Lamar Taylor told the Cabinet that Florida couldnt sell those securities even if it wanted to because Russian markets are closed because of the war with Ukraine. On the sidelines The other two elected officials that control Floridas pension fund are the states attorney general and chief financial. Reuters New York state pension fund to. Pension plans and endowments are finding its not a.

Last week US. Ron DeSantis is choosing to keep 300000000 of Floridas pension invested in Russia hoping the country rebounds Agriculture Commissioner Nikki Fried tweeted March 30. NYCERS whose members. The Florida House avoided taking a stance on divesting the states 300 million in investments in Russian companies in light of the invasion of.

Of the citys money locked into Russian companies the Teachers Retirement System holds the most 90 million followed by the Police Pension Fund 422million. As companies and governments look for ways to squeeze Russia economically for its invasion of Ukraine Florida Governor Ron DeSantis faces increasing pressure to pull the states 300 million in. Florida holds 300 million in Russian-domicile investments. Floridas public employee retirement fund divested 1.

Ron DeSantis is choosing to keep 300000000 of Floridas pension invested in Russia. TALLAHASSEE Floridas massive public pension fund includes 160 million invested in Russian companies sanctioned this year by the Trump administration including a handful of holdings on the states own list of scrutinized companies because of their ties to Iran according to state. Florida pension fund loses 200M in Russian investments state rep. In early March Florida Gov Ron DeSantiss office refused calls from Agricultural Commissioner and Dem gov hopeful Nikki Fried to take action against Russia over its genocidal assault on Ukraine by divesting the state employee pension funds 300 million holdings in Russian-headquartered entities making some bullshit excuses that Frieds letter demanding.

The board has about 195 billion in assets for the states retirement system which includes the states pension fund. This is money thats propping up the Russian economy. Pension fund facing 300M hit to dump Russia investments Some US. WFLA In the intervening months since Russia invaded Ukraine oil prices have risen inflation has.