State Comptroller Elise Nieshalla recently voted to further ensure that investment options for the State’s deferred compensation retirement plan, Hoosiers START, are chosen and monitored to prioritize objective financial factors over non-financial, environmental, social, and governance (ESG) factors.
“By focusing solely on financial factors, we not only prioritize the best possible retirement investment options for state of Indiana employees and retirees, but also uphold our fiduciary duty to act in the best interest of plan participants,” said Comptroller Nieshalla. “This policy amendment adds safeguards for participants retirement funds.”