The Project worked with the European Trade Union Institute (ETUI) and the Trade Union Advisory Committee to the OECD (TUAC) (with the Global Unions Committee on Workers Capital as a knowledge partner) to convene a meeting modeled on the Project’s annual “Capital Matters: Managing Labor’s Capital Conference.” This one-day event, “Capital Maters in Europe 2009,” took place in Brussels on December 10th. It brought together member-nominated pension fund trustees, trade union officers, pension and other experts and policy makers who offered views and shared experiences from across Europe and from a transatlantic perspective. It focused on how workers’ and their families’ retirement and other long term savings can be invested in productive assets in the real economy in a fair, sustainable and responsible way and not diverted into unproductive financial transactions and speculation. [More]
The Pensions Project held its 7th annual “Capital Matters: Managing Labor’s Capital” conference on April 29 – May 1, 2009. Many of the sessions related to the challenges posed by the world- wide financial and economic meltdown but also the opportunities. For example, the conference opened with a European labor perspective on the impact on how the financial and economic meltdown has played out in European financial markets and economies, the diverse responses of European Union countries and perspectives on financial markets regulation. [More]
On March 27-28th the Pensions and Capital Stewardship Project convened a meeting on “Long-term Investment Decisions: Assessing the Sustainability Risks of Labor and Human Rights and other Workplace Factors.” The meeting brought together about 45 people from major U.S. and European pension funds, investment management, advisory, and research firms, accounting firms, labor and human rights groups, unions, and academics. The goal was to hold a workshop-style event to exchange ideas about how investors can begin to measure a wide range of workplace-related factors and analyze their potential materiality to long-term portfolio returns. The meeting covered a range of topics, including labor and human rights in global supply chains; human capital factors such as employee ownership, teams, and high-performance work systems; and shareholder engagement actions on such issues. The discussion yielded recommendations for research in a broad range of topics; proposals for practical action by participants, such as the establishment of a network to exchange information and ideas; and the application of those findings to investment decision-making and possible engagement with corporations. [More]
The discussion included trustees and officials of public sector and Taft-Hartley pension plans, pension and policy experts, union officials and staff, investment practitioners, and scholars. The meeting canvassed the federal policy landscape of...
On October 27-28th 2006, the Project convened a meeting on “Public Sector Pension Plans: Current Challenges and Future Directions.” Participants, presenters, and speakers included scholars and researchers, public pension fund trustees and officials, members of the investment community, union leaders, experts on public knowledge about and attitudes in relation to the issues, and others.
Attendees sought to enhance their understanding of the challenges that public sector pension plans face, including finance and operation and broader issues such as pressures on state and local finance, shifting demographics and workforce needs, and concerns of public sector workers about security in retirement. They also sought insights into how public knowledge and attitudes on these issues shape and are shaped by contests over the future of public sector pension plans. [More]