DEI Applied to Retirement Fund in California

If you don’t think DEI hurts you personally, you probably don’t have a retirement account in California.

The Center Square reports:

California’s main state retirement fund, CalPERS, announced the hiring of a new chief diversity, equity, and inclusion officer whose listed duties include integrating DEI principles into investment practices, and recruiting staff for DEI-informed proxy voting and ESG investing…

Like most DEI bureaucrats, she is to be well paid:

Shari Slate was hired for the job with base compensation of $221,580, though neither her Linkedin profile nor the news release indicate she has any experience in the finance industry.

Why would Shari Slate need financial experience? Where moonbats consolidate control, the issue is never the issue; the issue is always moonbattery.

CalPERS’ May 2025 state paperwork for the position says responsibilities include “integrating DEI principles into CalPERS’ investment practices, where the Chief DEI Officer collaborates with the Investment Office,” and “collaborating with investment groups to integrate DEI into financial decision-making, advocating for equity-driven investment strategies, and ensuring that CalPERS’ investment portfolio reflects its commitment to sustainability, social responsibility, and equitable outcomes.”

That should fall within the skill set of a DEI hire.

The objective is to use retirement funds as leverage to impose DEI on private businesses.

If moonbattery costs retirees some of the money they were counting on, it won’t be the first time:

Last year, The Center Square uncovered that CalPERS had lost 71% of the $468 million it put into its clean energy and technology fund.

In early December, Reason Foundation estimated CalPERS’ pension deficit was $166 billion.

Moonbats will spend any amount to promote moonbattery, so long as it is someone else’s money.

On a tip from R F.

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