Local Institutions

We call on all local institutions to divest from the prison industry and their major investors. Prison industry corporations perversely profit from incarceration and use their money and political influence to lobby for harsher criminal penalties and anti-immigrant legislation. Prison industry corporations are dependent upon capital from their major investors to fund their lobbying efforts. Our local institutions should not invest our money in, nor profit from this system of human misery.

Schools

Universities hold endowment portfolios worth millions to billions that must be moved out of prisons and into recruitment, retention, and support for students from communities who have been harmed by criminalization and immigration enforcement. Student organizers are leaders in pushing for intersectional divestments from prisons, the Israeli occupation of Palestine, fossil fuels and pipeline backers. 

Cities

Multi-racial, multi-sector organizing is pushing cities to divest from private prisons and their financial backers. The cities of Portland, Ore., Seattle, Berkeley, Philadelphia, Alameda and New York City have already divested their investment funds or pension funds from prisons. 

Pensions

The following public pensions and investment funds are directly invested in CoreCivic and GEO:[i]

RETIREMENT SYSTEMS OF ALABAMA 

STATE OF ALASKA, DEPARTMENT OF REVENUE

ARIZONA STATE RETIREMENT SYSTEM

CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 

PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO

STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM

TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY

LOUISIANA STATE EMPLOYEES RETIREMENT SYSTEM

STATE TREASURER STATE OF MICHIGAN

MUNICIPAL EMPLOYEES’ RETIREMENT SYSTEM OF MICHIGAN

NEW JERSEY BETTER EDUCATIONAL SAVINGS TRUST

NEW JERSEY STATE EMPLOYEES DEFERRED COMPENSATION PLAN

NEW MEXICO EDUCATIONAL RETIREMENT BOARD

NEW YORK STATE TEACHERS RETIREMENT SYSTEM

STATE TEACHERS RETIREMENT SYSTEM OF OHIO 

PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 

OREGON PUBLIC EMPLOYEES RETIREMENT FUND 

COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS

SOUTH DAKOTA INVESTMENT COUNCIL

STATE OF TENNESSEE, TREASURY DEPARTMENT

TEXAS PERMANENT SCHOOL FUND

TEACHER RETIREMENT SYSTEM OF TEXAS

EMPLOYEES RETIREMENT SYSTEM OF TEXAS

UTAH RETIREMENT SYSTEMS

CANADA PENSION PLAN INVESTMENT BOARD

HER MAJESTY THE QUEEN IN RIGHT OF THE PROVINCE OF ALBERTA


Check out our pension divestment toolkit to learn how to start moving your money out of for-profit prisons. Your financial security shouldn’t depend on separating families and locking your community members behind bars.


[i] As of the latest Securities & Exchange Commission 13-F filings by institutional investors, for period ending Sept. 30, 2018.

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