Gloucestershire Pension Fund
Open Letter to the Gloucestershire Pension Fund (GPF) Committee
As scheme members, say no to arms profiteering.
Our letter exposes the immoral gains that have been made due to the increase in share prices since October 7th 2023.
The fund is also heavily invested in weapons companies which modernised Putin's military before the invasion of Ukraine and which are now profiting from the war.
In both the Middle East and closer to home we see the horrors of war every day on our screens and we do not want our pensions to contain the profit from bloodshed.
Arms hare prices nearly doubling since Oct 7th 2023 and we highlight that the fund can take this opportunity to sell those investment and use the profit to offset any costs which would be incurred to make the fund free of weapons companies in future.
As a step towards that we ask the fund to carry out a fair and honest consultation of scheme members to discover their views.
Read the letter here Gloucestershire Pension Fund Open Letter
Sign the letter
If you are an Gloucestershire Pension Fund scheme member please add your name to the letter. Every name counts but it is really important that the request for divestment is made by scheme members, so make sure you select the fund you are in, if it is not Gloucestershire please don't say you are, as it would be counter productive.
If you are a member of another LGPS fund
Please fill in the same form and indicate which fund you are in. You can choose to be alerted about petitions/letters or can be automatically added to similar letters to your fund when they occur.
If you are NOT an LGPS member but would like to see an end to war profiteering perhaps you can suggest people you know sign the letter.
If you would like to be more involved in the campaign to raise awareness among scheme members (the vast majority simply don't know what their money is invested in) please email pensiondivest@pm.me and we can put you in touch with your nearest local campaigners.