The goal of the Alliance is to represent those investing for their retirement and to advance constructive solutions to address the American retirement crisis.
Retirees and investors deserve more choices, higher returns, better solutions, and a greater say in their retirement investments. And less politics. Learn more at .
#apsr
#retiresecurely
"The Republican-controlled Texas Legislature is heaping tens of billions of dollars in additional costs on the state’s economy to protect special interests and please big-money donors,"
@cltomlinson
writes.
#aprs
#pensionsnotpolitics
#retiresecurely
Investment advisers should be judged by performance, not by what elected officials think of their “politics.”
#Indiana
lawmakers targeting BlackRock and more firms and banks will be added to the list, regardless of the risks to current and future retirees.
Our President Tim Hill
@Hillfire39
spoke on a panel today co-hosted by
@ppi
about empowering underserved communities through savings and retirement planning. Moderated by
@emrwilkins
and experts from
@BPC_Bipartisan
and
@NHCOA
. It was an engaging and interesting discussion!
#apsr
Indiana’s officials are supposed to prioritize constituents needs, securing the public pension systems that first responders, teachers, and other public employees rely upon for their
#retirement
. Instead, they’re putting politics first.
#apsr
Ask local communities and school districts if they support
#political
interference in investment decisions. Given the higher borrowing costs for critical infrastructure projects, it’s a resounding “no.” Read more:
#apsr
#pensionsnotpolitics
#retiresecurely
Elected
#officials
and policymakers need to strengthen public
#pensions
and make retirement savings easier for all public and private-sector workers. Left unchecked, the
#retirement
crisis will continue to harm retirees and slow the US economy.
#apsr
Your independence increases when your
#retirement
is secure. That takes a combination of savings, pensions, and Social Security – and more and more workers have to build their own
#pensions
. The sooner you start, the better off you’ll be.
#apsr
Elected officials should consider the harm done to their constituents, the economy, and the
#retirement
savings of public employees when voting on legislation. Not in
#Oklahoma
…They didn’t even bother to ask the question.
#aprs
#pensionsnotpolitics
Elected officials should consider possible harm to constituents, the economy, and the retirement savings of public employees when legislating.
#Oklahoma
skipped all that and became the poster child for mixing politics and public finances.
#aprs
The retirement crisis in America needs close attention — and action — from state policymakers, but not the kind it’s been getting from politicians in Tennessee, says
@PWritesman
.
#apsr
#pensionsnotpolitics
Not only do Americans widely believe there is a
#retirement
crisis, but hard evidence also shows that many are not prepared to meet the costs of living day-to-day after they have stopped working. Pensions are part of the answer.
#apsr
#pensionsnotpolitics
Indiana’s first responders, teachers, and
#public
employees are about to pay the price for the political ambitions of state elected officials. Boycotting BlackRock — investment
#advisors
to be named later — is going to be expensive for state pensioners.
Everyone from politicians to current and future
#retirees
has a part to play
in retirement – a critically important area of finance. It’s hard enough to feel
secure about the future without elected officials playing political games with pensions.
#apsr
What will blacklisting investment professionals from overseeing retirement funds mean for Indiana’s public employees and taxpayers? The estimated cost in Louisiana was $6.27 billion. Kansas? $3.6 billion over 10 years. Indiana lawmakers should think twice.
Americans counting on public
#pensions
should be able to trust elected and appointed officials to take care of their
#investments
and to ensure their pensions will remain healthy enough to sustain their
#retirement
— without political considerations.
#apsr
,
@BrookeSouthall
summed it up best: “The
#Sooner
state's stance against ESG seems to have failed because it tried to use politics to solve an ostensible business problem – which is essentially what it was accusing BlackRock of doing.”
#retiresecurly
Laws like Oklahoma’s are disrupting public finance across the U.S. as lawmakers boycott investment firms that allegedly incorporate environmental, social, and governance (ESG) factors. They’re costing taxpayers and retirees millions of dollars.
#apsr
Indiana’s first responders, teachers, and other public employees will pay the price for the political ambitions of state elected officials. A pending boycott of investment
#advisors
is going to be expensive for state
#retirees
.
#apsr
#pensionsnotpolitics
#Oklahoma
retirees and taxpayers got a big win today as a state judge once again
#blocked
the state government’s unconstitutional effort to include non-fiduciary issues when deciding how to invest public pension funds.
#pensionsnotpolitics
#retiresecurely
#Indiana
is deciding whether to go in the same direction as
#Texas
and
#Oklahoma
by adopting policies that cost pension plans. Let's hold the line against an overly aggressively application of the state’s investment blacklist law.
#pensionsnotpolitics
Building a secure retirement is hard for people with lower incomes. It’s also tough for public employees who can’t get all of the components of the classic “three-legged stool” of
#retirement
: personal savings, Social Security, and a
#pension
.
#apsr
Texas politicians know better than to mess with pension investments, but they’re doing it anyway, a teacher dependent on her pension points out.
#apsr
#pensionsnotpolitics
#Oklahoma
lawmakers “allowing people who... have an agenda that’s not aligned with outcomes for retired teachers, cops and firemen to force decisions on fiduciaries was always just absolutely bonkers,” Andrew Besheer writes.
#apsr
#pensionsnotpolitics
A growing number of studies and analyses come to the same conclusion:
State boycotts of
#banks
and
#investment
advisors are expensive for current and future retirees and taxpayers.
#apsr
#pensionsnotpolitics
@APSRetirement
Tim Hill: “We're trying to stop efforts to tell
#pension
funds and pension trustees ‘You cannot buy this company, you cannot invest in that company, Or ‘You can't carry out that strategy anymore,’” because of political winds.
#apsr
An
#Oklahoma
judge once again stopped the state government’s unconstitutional effort to include non-fiduciary issues when deciding how to invest public
#pension
funds – a victory for current and future retirees, as well as
#taxpayers
.
#pensionsnotpolitics
The role of
#Indiana
pension officials is to ensure their member retirees — first responders, teachers, and other public employees — are “able to realize their retirement dreams.” But they're being pressured to fight culture wars with public money instead.
Oklahoma’s elected officials say they want public pensions to stick to finance, but those same lawmakers are trying to add their own politics into the investment mix.
#Oklahoma
judges can stop them.
#apsr
#pensionsnotpolitics
#retiresecurely
Oklahoma’s anti-ESG law has created higher borrowing costs for local governments, forcing them to choose between project cuts and higher taxes.
#apsr
#pensionsnotpolitics
#retiresecurely
We're the new Alliance for Prosperity and a Secure Retirement, formed to resist political interference in retirement savings, investments, and pensions. Learn more at .
#apsr
#retiresecurely
A significant number of Americans do not have a retirement plan that includes sources of income other than Social Security — and others may not be eligible for Social Security.
#Pensions
are part of the answer.
#apsr
#pensionsnotpolitics
#retiresecurely
#Oklahoma
judge temporarily stops the state from enforcing its blacklist of “
#woke
” investment advisors in a lawsuit filed by a retiree who wants the state pension fund to concentrate on finance and not on politics.
#pensionsnotpolitics
#retiresecurely
More and more
#Oklahomans
, including board members of
#OPERS
and some elected officials, recognize the error and cost of the legislature’s blacklisting of financial institutions and banks doing business with the state and local communities.
#retiresecurely
“The
#Sooner
state's stance against ESG seems to have failed because it tried to use politics to solve an ostensible business problem — which is essentially what it was accusing BlackRock of doing.”
#apsr
#pensionsnotpolitics
#retiresecurely
Americans that count on public pensions should be able to trust the people in charge to take care of their investments and to ensure their
#pensions
will remain healthy enough to enjoy their Golden Years.
#pensionsnotpolitics
#retiresecurely
Building a secure retirement is hard for people with lower incomes. It’s also tough for public employees who can’t get all of the components of the classic “three-legged stool” of
#retirement
: personal savings, Social Security, and a
#pension
.
#apsr
Worth reading the Chron's
@cltomlinson
"The State Board of Education is putting the oil and gas industry ahead of Texas schoolchildren, hobbling the public school trust fund and damaging the climate."
#pensionswithoutpolitics
#retirementcrisis
Political meddling isn’t a great investment strategy, as Texas taxpayers and retirees are learning.
@Txbiz
analysis says so-called anti-ESG laws there raise costs and limit investments.
#apsr
#pensionswithoutpolitics
Elected and appointed officials are taking their eyes off the ball:
#Pensions
and public finance are about maximizing profits, protecting capital, increasing returns for people dependent on public
#pension
— not culture-war politics.
#apsr
Injecting politics into public finance appeals to culture warriors, but anti-ESG blacklists cost taxpayers and retirees millions and millions of dollars.
#apsr
#pensionsnotpolitics
#retiresecurely
Learn about the challenges that prevent underserved communities from building wealth, new financial tools that empower individuals to make informed financial decisions, and policy recommendations to promote
#retirement
#security
here:
#apsr
Blacklisting investment professionals from public funds will cost Indiana’s public employees and taxpayers. In
#Louisiana
? $6.27 billion.
#Arkansas
? up to $47 million each year. Kansas? $3.6 billion over 10 years. Indiana politicians should think twice.
In
#Oklahoma
and other states, the evidence is stacking up. Inserting politics into investment decisions for pension plans, and into projects for schools and state and local government, is putting
#retirees
and taxpayers at risk.
#apsr
#pensionsnotpolitics
By including retail investors in investment strategies, like proxy voting,
@BlackRock
does what politicians won’t: give voice and choice to investors.
#apsr
#retiresecurely
Today, we are extending Voting Choice to eligible shareholder accounts in our largest iShares ETF — a major step to give clients more choice and make proxy voting more accessible:
Investing for retirement is a lot easier if you don’t have politicians telling you what to do with your money. The Alliance for Prosperity and a Secure Retirement is here to stop them. Learn more at .
#apsr
#retiresecurely
#Oklahoma
judge temporarily stops state’s blacklist of anti-ESG investment advisors, saying attempt “to divest or transfer funds for any purpose other than the benefit of the members or beneficiaries is contrary to and a violation of” the state constitution.
#pensionsnotpolitics
Look out, Louisiana taxpayers and retirees! Auditor says state pensions would need an extra $6.2 billion to pay for the state’s new investment advisor boycotts.
#apsr
#pensionsnotpolitics
#retirementcrisis
OK economist
@troachecon
: “Ultimately, this anti-ESG law has created a classic case of unintended consequences. Policymakers in
#Oklahoma
may have believed they were shielding the state's energy industry, but in reality, they have burdened taxpayers..."
Controversial actions taken by some state
#officials
will put the savings of first responders, teachers, and public servants at risk. The best way to build a secure
#retirement
is to leave investment decisions to professionals — not politicians.
#apsr
Why do state officials in Texas, Florida, and other states take advantage of investment strategies they deny you? Their hypocrisy knows no bounds. Learn more at
#apsr
#retiresecurely
A staggering 87 percent of Americans tell pollsters the country is in a
#retirement
crisis that they and their fellow citizens are not prepared to face.
#retirementcrisis
#apsr
Missouri legislature is considering legislation that would prohibit investments inconsistent with a fiduciary’s responsibility to the investor. Keep politics out of investment decisions.
@MOHouseGOP
@MOLegDems
Learn more at
#pensionswithoutpolitics
State officials in Texas, Florida, and other states have invested in funds, while denying you the same opportunity. Their hypocrisy knows no bounds. Learn more at
#retiresecurely
An
#Oklahoma
judge “finds a substantial likelihood that this state purpose of countering a ‘political agenda’ is contrary to the retirement system’s constitutionally stated purpose,” and hits the brakes on the state’s anti-ESG blacklist.
#apsr
The political decisions made by Oklahoma Treasurer Todd Russ have cost Oklahoma taxpayers $185 million, says University of Central Oklahoma study commissioned by the Oklahoma Rural.
#apsr
#retiresecurely
#pensionswithoutpolitics
Oklahoma judge temporarily stops the state from enforcing its blacklist of “woke” investment advisors in a lawsuit filed by a retiree who wants the state pension fund to concentrate on finance and not on politics.
#pensionsnotpolitics
#apsr
#retiresecurely