Teachers Union Calls On Psers And Other Pension Funds To Divest In Private Prison Corps

03.01.19 | Brandon Dickson

A new AFT report found that Pennsylvania's Employees Retirement System is among two dozen public pension funds that own a combination of investments in the nation's largest public prison corporations.

The American Federation of Teachers union says such investments not only support private prisons, which lack the oversight of federal prisons, but also expose the pension funds to public relations and legal issues that could affect the value of those investments.