DC Bought by: Wendy Sherman, US deputy Secretary of State, and Bruce Stokes, nonresident transatlantic fellow at the German Marshall Fund of the United
University of Iowa faculty demand TIAA accountability thegazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thegazette.com Daily Mail and Mail on Sunday newspapers.
While the AAUP and CUPA-HR don’t have current data on how many institutions plan to resume their stalled benefits, the Teachers Insurance and Annuity Association of America, or TIAA, said that nearly all of its top 200 client institutions that are still suspending retirement matching contributions plan a full reinstatement by July 1.
Lehigh University, for instance, told faculty and staff members earlier this year it will restore merit raises and retirement benefits starting in July. Freezing those programs in March 2020 helped the university avoid layoffs amid financial uncertainty, Nathan Urban, provost, and Patricia Johnson, vice president of finance and administration, said in their restoration announcement.
UAlbany faculty wants pension fund to divest from fossil fuels
One of several campuses calling for end to oil and gas investment
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Students such as these youngsters from Albany High School, have called for fossil fuel divestment as part of the fight against climate change.Times Union file photo
ALBANY Members of the University at Albany’s faculty senate are calling for their pension fund administrator to divest from fossil fuel companies, joining a growing list of campuses to do so.
“In passing this resolution calling upon TIAA to divest its fossil fuel holdings, the academic and professional faculty of UAlbany took a strong stand on behalf of environmental justice and sustainability,” said Ron Friedman, a UAlbany associate professor of psychology who helped push through the divestment resolution, which passed on Wednesday.