State employees retirement system estimates system could lose as much as $40M annually if House Bill 1307 passes

Officials at the Arkansas Public Employees Retirement System estimate the system could lose about $30 million to $40 million a year as a result of a bill that would require the state treasurer and public entities to divest certain investments with financial services providers on a list maintained by the state treasurer due to use of environmental, social justice or governance-related metrics.

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