nycersNYAGV welcomes the decision by a major pension fund, the New York City Employees’ Retirement System (NYCERS), to divest of its holdings of companies selling firearms.

NYCERS will sell its investments of the retailers WalMart, Cabela’s, Dick’s Sporting Goods, Inc., and Big 5 Sporting Goods Corp.

While NYCERS voted to divest its holdings in firearms manufacturers in 2013, this recent move goes a step further to cover companies that sell firearms. 

“This divestment would not have happened without the leadership of  NYC Public Advocate Letitia James,” said Leah Gunn Barrett, NYAGV Executive Director. “Retailers who profit from our culture of gun violence should not be rewarded,” she added.

Read NYAGV’s July 15 press release here.