News

Federal money for programs and services that help millions of vulnerable Americans and employ many AFSCME members could be in jeopardy next year.

On October 9, The online Texas political newsletter, the Quorum Report, published this article about the Employees Retirement System's investment returns.

The adopted changes will reduce investments in fixed income securities and domestic stocks and redirect these reductions to alternative investments, i.e., real estate, hedge funds.  This reallocation intends to improve the rate of return (ROR) on the ERS portfolio.

AFSCME mourns the loss of Alvin Turner, a participant of the 1968 Memphis, Tennessee, sanitation workers’ strike for higher wages, better working conditions and the right to organize.