The state's retirement system is opposing a bill that would require the state to divest from “countries of concern” within two years, including the People's Republic of China, Cuba, Iran, North Korea, Russia and Venezuela.
Addressing the House pensions committee on Monday morning, the executive director of the Kansas Public Employee Retirement System testified against the bill because it limits the agency's flexibility to make investment decisions for funding benefits.
Alan Conroy said that while he believed that the bill was workable, he added there was . . .
SSJ
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