“Over 50 years, the costs of divestment for New York State add up to $1.1 trillion under the narrow [divestment] approach and $1.5 trillion under the broad [divestment] approach. To make up for the substantial shortfall caused by divestment, the State will either have to lower pension payouts or seek new revenue from taxpayers.”
NewsOctober 12, 2020
New report from Professor Fischel finds divestment would cost NY and Colorado billions
“Over 50 years, the costs of divestment for New York State add up to $1.1 trillion under the narrow [divestment] approach and $1.5 trillion under the broad [divestment] approach. To make up for the substantial shortfall caused by…
