K-12 Teacher Pension Climate

🚨Breaking🚨

State of Kentucky’s Teachers Retirement System was the second-largest shareholder for Sberbank of Russia (The largest bank in Russia).

Their position dropped 95% in value from $13MM to $778K pic.twitter.com/1maUVcM5lH

— Market Sentiment (@mkt_sentiment) March 4, 2022

So, this morning we called the Teachers' Retirement System of KY with questions about the Russian bank thing blowing up Twitter last night.

And it pays to call and ask first.

Anyway, TRS sold its Russian bank holdings Feb. 23. That was dated info posted online. ^JC pic.twitter.com/jkDNiXMdhR

— Bluegrass Politics (@BGPolitics) March 4, 2022