The Montana Board of Investments staff has identified about $15 million in assets that are tied to Russian interests within its roughly $25 billion portfolio. The board which operates independently from elected officers in state government will begin the process of existing those Russian assets and will move to divest the state’s holdings in o...
Montana Among States That Lack Sufficient Retirement Funds
Many state governments have failed to make necessary investments in their retirement system and Montana is one of 26 who does not have funding for over 25% of its pension obligations. According to the Big Sky Business Journal, Montana’s public pension fund has $11.9 billion in assets well shy of its $16.4 billion in obligations. In 2021 the Mo...