CalPERS Investment Committee Will Meet Dec. 19 to Discuss Tobacco Divestment Policy  State Treasurer John Chiang today sent a letter to a California Public Employees’ Retirement System (CalPERS) board calling for the complete divestment of all indirect and direct investment in tobacco companies. “I continue to believe that investing in tobacco-related securities is a bad … Continue reading Treasurer Chiang Sends Letter to CalPERS Board Calling for Sale of All Investment in Tobacco Companies