Contents: Concerned about Merit? • UCPEA Calls on State to Divest Pension Funds in South Africa • Planning to Retire? DON'T MAKE THIS COMMON MISTAKE • UCPEA PROFESSIONAL DEVELOPMENT FUNDS • The newsletter says the newly formed Congress of South African Trade Unions (COSATU) called on December 1 for U.S. and British corporations to divest their South African holdings. The newsletter says a recent Gallup poll found 77 percent of South Africans favor international economic sanctions against the brutal apartheid regime. The newsletter says the State of Connecticut pension funds are still helping prop up the South African economy and regime. Although strong labor support helped pass a...
Contents: Concerned about Merit? • UCPEA Calls on State to Divest Pension Funds in South Africa • Planning to Retire? DON'T MAKE THIS COMMON MISTAKE • UCPEA PROFESSIONAL DEVELOPMENT FUNDS • The newsletter says the newly formed Congress of South African Trade Unions (COSATU) called on December 1 for U.S. and British corporations to divest their South African holdings. The newsletter says a recent Gallup poll found 77 percent of South Africans favor international economic sanctions against the brutal apartheid regime. The newsletter says the State of Connecticut pension funds are still helping prop up the South African economy and regime. Although strong labor support helped pass a limited divestment bill, more than $70 million, or 32 percent of the pension fund, remains in complicit corporations; moreover, our alternative pension fund, TIAA-CREF, is also heavily involved. The newsletter says the Connecticut Anti-Apartheid Committee is about to launch a new campaign for complete divestment of state pension funds; also, a national campaign for the divestment of TIAA-CREF was announced in the Chronicle of Higher Education on October 30. The newsletter discusses CSFT (Connecticut State Federation of Teachers), Al Kagan, the Tucker Foundation, James Breeden, and the TIAA-CREF Project.
