The board of Oregon’s Public Employees Retirement System voted unanimously Friday to reduce its long-term assumption about earnings on the pension system’s investment portfolio, a decision that will increase required contributions to the fund from public employers and reduce benefits for a number of employees who have yet to retire.
The main pension fund for New York’s state government workers and retirees warned Ben & Jerry’s parent company, Unilever, on Friday that it might restrict its investments in the company because of the ice cream maker’s decision to halt sales in Israeli-occupied territories.