Statement From City Comptroller Brad Lander on the New York City Teachers’ Retirement System’s Divestment From Russian Securities

“A vicious and unjust war continues to be waged on Ukraine, driving deaths, destruction and displacement of civilians. New Yorkers remain steadfast in solidarity with Ukrainians here in our city and abroad. 

“The decision by the trustees of the Teachers’ Retirement System is another step forward as we work to hold the Putin regime and those who continue to fund it accountable, while safeguarding the assets of thousands of active members and beneficiaries.” 

The New York City Police Pension Fund and New York City Employees’ Retirement System also voted to divest from Russian securities.

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