Your retirement money deserves a financial decision record you can read.
What the records show
ATRS completed $50 million in manager funding on January 2, 2026. The $9.9 million Israel Bond purchase completed February 17 and appears in July holdings. The rest of the account included U.S. Treasuries and cash. Read the primary record and the full ATRS dossier.
What the manager said it planned
Reams’s June 30 report describes a Treasury ladder aligned with future Israel Bond purchases and a long-term objective of a laddered Israel Bond portfolio. It says no more than $10 million is “allowed” each calendar year; the earlier guideline used “target.” July’s approximately 19.7% Israel Bond share is a dated observation, not a permanent ceiling. The stated strategy does not prove any later purchase. Manager strategy, physical p. 7 · July holdings.
Questions worth asking
- What written credit analysis supported the acquisition?
- Which alternatives were compared on risk, return and liquidity?
- How were transfer restrictions considered?
- Where can members read the financial determination?
These questions ask for the reasoning behind a decision. They do not establish a loss to your benefit or require changes to your individual retirement choices.
What the proposal would change
The Pension Investment Integrity Act would make written financial work and public posting a standard part of future covered acquisitions. Trustees would set policy and oversee managers trading within approved limits. The pension system would publish the record. Read the five safeguards.
Take the next step
Share the source with a colleague, request a campaign briefing, or ask your legislators to help develop the proposal. Take action.