As you will know by now your pension has lost over $53 million by remaining in fossil fuels in the last 3 years, and over $65 million in the last ten years.
We, as pension fund members are working alongside the climate justice organization 350 Seattle, to ask that the SCERS Board of Administration protects our pension from further losses by divesting from fossil fuels.
The City of Seattle would be far from the first to do this. Over $5.44 trillion has now been divested from fossil fuels, with divesting institutions including the Californian state pension fund, the World Council of Churches and the entire nation of Ireland.
The March 30th Pension Fund Investment Committee Meeting is an important upcoming opportunity for pension fund members to be heard on this issue.
Would you be able to join us for this meeting to show your support for fossil fuel divestment?
720 3rd Ave 9th Floor
Seattle, WA 98104
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