State Sen. Jason Plummer characterized such investment strategies as trendy and not good for taxpayers or pensioners. “The data shows that long term, companies that focus on these policies and investment managers that put these policies ahead of traditional investment philosophies generate a lower return over the medium and long term for their investors."
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Illinois Democrats Investing Pension Funds According To Woke Nonsense — Not Sound Investment Principles
Does this impact Bright Directions 529 plans?