Sacramento, CA – Since announcing plans Monday to introduce legislation to divest state public funds from Russia and Russian-state entities following the unprovoked war against Ukraine, an overwhelming show of support has poured in resulting in nearly half of all legislators in California signing on to coauthor the bill.
SB 1328 requires public pensions systems – including the two largest in America, STRS and PERS – to divest from Russian and Belarusian assets and companies.