SERS is Assessing Russian Investments

SERS’ Board and staff recognize the gravity of the unprovoked Russian incursion into sovereign Ukraine and its effect on the world. We admire the resolve of the Ukrainian people and support their continuing efforts to defend their peaceful nation.

Ultimately, responsibly investing SERS’ assets to provide secure retirements for our members is our utmost priority. As always, our fiduciary duties guide our decisions in buying and selling assets.

As a globally diversified investor, we are still assessing our current direct and indirect holdings in Russian assets and trying to determine what options remain available regarding our exposure to these investments.