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Zelenka's motion directs Ruiz to develop a policy for council approval that would encourage the Public Employees Retirement Board and the deferred compensation committee for public employees to divest their portfolios of fossil fuel investments over time.
Covansys (Nasdaq: CVNS), a global technology services company, today announced the implementation of a $16 million pension administration system for the Public Employees Retirement Board of Nebraska (PERB) four months ahead of schedule.
Similarly, when the Public Employees Retirement Board erroneously credited public employees' pension accounts with the entire amount of a stock market windfall, fairness requires repayment.