Michigan SB0979 amends the investment policies for retirement systems, including requirements for professional training and divestment from certain.
Michigan SB0979 amends the investment policies for retirement systems, including requirements for professional training and divestment from certain entities. The bill mandates that investment fiduciaries of large sponsored systems must submit summary annual reports detailing the system's assets, liabilities, and investment performance. It also requires investment fiduciaries to divest from hazardous waste deep disposal well facilities and entities designated as state sponsors of terror.
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- Core Provisions
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- Critical Issues
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