North Dakota teacher pensions invested in gun manufacturers

BISMARCK, N.D. (AP) The North Dakota agency that oversees pension funds for state employees and public school teachers says it is invested in two gun companies.

Teacher and public-worker retirement funds across the country are reviewing their investments in gun makers in the wake of the Connecticut school shootings that killed 26 people.

Data from the North Dakota Retirement and Investment Office show the agency’s $3.79 billion portfolio includes about 3,100 shares worth more than $39,000 in two gun-makers: Sturm Ruger and Smith & Wesson.

Rob Port is the editor of SayAnythingBlog.com. In 2011 he was a finalist for the Watch Dog of the Year from the Sam Adams Alliance and winner of the Americans For Prosperity Award for Online Excellence. In 2013 the Washington Post named SAB one of the nation's top state-based political blogs, and named Rob one of the state's best political reporters. He writes a weekly column for several North Dakota newspapers, and also serves as a policy fellow for the North Dakota Policy Council.

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  • kevindf

    They also invest in “evil” fossil fuel energy corporations.

  • RCND

    Whatever they do don’t divest. It is probably one of the few investments in the portfolio making money

    • kevindf

      Private sector taxpayers guarantee that the value will never go down.

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