PREP FOOTBALL SCORING UPDATES PRESENTED BY THE HUNGRY HOBO:

Chicago teachers' pension mulls gun investments


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Posted Online: Jan. 17, 2013, 9:00 am
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SPRINGFIELD, Ill. (AP) — The Chicago Teachers' Pension Fund board plans to vote tomorrow on whether to divest itself of holdings in firearms manufacturers.

Investments Director Carmen Heredia-Lopez says the fund's $9.5 billion portfolio includes about $146,000 invested in Sturm Ruger & Co. and Smith & Wesson Holding Corp.

The Teachers' Retirement System of Illinois, which covers teachers outside Chicago, conducted a similar review that shows $77,000 invested in three gun makers out of a $38 billion portfolio.

Spokesman Dave Urbanek says TRS will provide the data to board members as information and not with a staff recommendation.

The California teachers' retirement fund voted to cut off gun-company investments after 20 schoolchildren were killed in a mass shooting in Connecticut last month.

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Chicago Teachers' Pension Fund: http://www.ctpf.org

Teachers' Retirement System: http://www.trs.illinois.gov














 




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  Today is Saturday, Aug. 30, the 242nd day of 2014. There are 123 days left in the year.

1864 — 150 years ago: A large pair of elk, captured in Iowa, were exhibited in Market Square today.
1889 — 125 years ago: The Rock Island Arsenal dam was being constructed under the supervision of Charles Frances, of Lowell, Mass.
1914 — 100 years ago: Mrs. Frank Mixer, of Rock Island, was the winner of the final preliminary for the women's handicap golf cup at Rock Island arsenal links.
1939 — 75 years ago: Sixteen hundred persons — many from war-fearful Europe — arrived in New York aboard the German liner Bremen. For two days on the trip, passengers were cut off from the world with both incoming and outgoing radio messages banned.
1964 — 50 years ago: Police reported five youths have been involved in the theft of about seven cars in recent weeks. Three of the youths were arrested Saturday afternoon, one was in custody as the result of a previous arrest, and the fifth is expected to be arrested today.
1989 — 25 years ago: The Rock Island/Milan School Board is asking the city to tear down Franklin School and allow the school district to pay back the estimated $100,00 cost during 10 years.






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