TOPEKA — Kansas State Treasurer Lynn Rogers recommended the state’s public pension system respond to the Russian invasion of Ukraine by divesting a $35.9 million investment in Russian securities.
Rogers, who serves on the nine-member Kansas Public Employees Retirement System board, said trustees should work on extracting the pension system from Russian entities. An estimated 0.14% of KPERS’ portfolio has ties to Russia.
“I’m in full support of the financial sanctions placed against Russia — the aggressor in this escalating war,” Rogers said. “I will be working with my fellow trustees to protect the interests of our members and their beneficiaries. I stand firmly in support of the people of Ukraine.”