Replying to Avatar RedWill

Oregon State Employees are About to LOSE Their Retirement!!!

Oregon Treasurer Tobias Read unveiled a plan to transition the Oregon Public Employees Retirement Fund to a net-zero carbon emissions portfolio by 2050 this week.

The plan revealed the actions the Treasury plans to take in both the short- and long-term to meet its carbon reduction goals.

For example, to Cut the portfolio's emissions by 60% by 2035, it will do the following:

• Triple climate-positive investments in Private Equity and Real Assets from the current $2 billion to $6 billion by 2035

• Increase percentage of Public Equity holdings that are climate- or transition-aligned

• Exclude new investments in private market funds that have a stated intention to invest primarily in fossil fuels

https://justthenews.com/nation/states/center-square/oregon-make-state-employee-retirement-fund-net-zero-carbon-emissions

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Emperor Kuzco 1y ago

I would like to see their portfolio to see if they have other options to transfer their funds to something more secure. I know, secure fiat is probably an oxymoron.

Even though it is all fiat based income, it is all really based in a human's time working.

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