Michigan Retirement System Drops All Investments In Israel Bonds
For over a year, Michigan Divest, a statewide coalition of Michigan residents, human rights activists and active and retired public employees, led a campaign to divest Israel Bonds from public pensions. Thousands of Michigan taxpayers, including current and former public employees with pensions in the SMRS, and over 50 endorsing organizations, including labor unions representing public school and state pensioners, expressed disapproval at taxpayer funds being invested in a $10 million Israel Bond purchased less than one month into the ongoing genocide in Gaza.