Sustainability and State Pensions
Spectrum News (subscription required)
Feb 1, 2018
The state pension fund is going greener. The comptroller announced that the fund will double its investment in a low emissions index fund, going from $2 billion to $4 billion. This comes after Governor Cuomo pushed for a full divestment from fossil fuels, but also as local governments are looking for any kind of savings on things like retirement contributions. State Comptroller Tom DiNapoli joins us to talk about the pension fund, the state budget and more.