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Kansas pension system halting Russian investments

Kansas pension system halting Russian investments

Kansas pension system halting Russian investments

By the Associated Press

Trustees who oversee the Kansas Public Employee Retirement System have voted to halt future investments in Russian assets amid the country’s invasion of Ukraine.

The Topeka Capital-Journal reports that while some board members initially pushed for a full divestment, others said they would rather focus on the future and noted the fund’s current holdings in the country have been largely liquidated anyway.

Kansas has $36 million invested in Russian equities, as of Feb. 25. That accounts for about 0.14% of the pension fund’s total investments.

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