TIAA-CREF HAS IGNORED OUR CALL TO WITHDRAW FROM APARTHEID
TIAA-CREF DIVESTMENT CAMPAIGN STATEMENT
by TIAA-CREF Divestment Campaign
Hanover, New Hampshire, United States
Undated, early 1986?
The statement says TIAA-CREF is the largest private pension plan in the world, with nearly 800,000 members from 3600 educational institutions and an investment portfolio of more than $39 billion; T1AA-CREF Invests over $7 bl1lion of our savings in companies that do business in South Africa -- more than the total divested by universities, colleges, cities, states and pension funds to date; TIAA-CREF must immediately commit itself to divest from U.S. companies that remain in South Africa and Namibia and to complete the process within three years. The statement discusses the Sullivan Principles, shareholder actions, and shareholder resolutions. • TIAA-CREF MUST WITHDRAW OUR UNWILLING SUPPORT OF APARTHEID [Note: This statement may have been distributed about the date of the February 20, 1986 picket in front of the TIAA-CREF Building in New York.]
Used by permission of several co-chairs of the Association of Concerned Africa Scholars.
Collection: Association of Concerned Africa Scholars Papers, Michigan State University Libraries Special Collections