California Educator

December 2018 / January 2019

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Page 48 of 75

CTA Victory: CalSTRS Divests Prison Holdings Fourth-grade teacher and CTA member Jessica Smith testified at the CalSTRS Investment Committee meeting in July. being detained at Core Civic and GEO Group residence centers. Heins urged CalSTRS to make sure that its investments "reflect your stated investment beliefs." Moreland Teach- ers Association member Jessica Smith, among others, testified in favor of divestiture at a July CalSTRS meeting, saying, "These prisons are what we as educators are fighting every day in our classrooms." CalSTRS, the largest educator-only pension fund in the world, conducted a review of the companies before its decision, and says divestiture will be completed within six months. I N N O V E M B E R , the California State Teachers' Retirement System (CalSTRS) agreed to divest its hold- ings in CoreCivic and GEO Group — U.S. publicly held companies that operate private prisons. This came after CTA State Council took action in June, voting to have President Eric Heins submit a letter to CalSTRS expressing CTA's out- rage at recent government policies that separated immigrant children from parents seeking asylum in this country. Some of these families were 47 D E C E M B E R 2 018 / J A N U A R Y 2 019 A Earn 2% and 3% cash back on up to $2,500 in combined purchases in those categories each quarter.* 1% 2% 3 % cash back on all purchases cash back at grocery stores and wholesale clubs cash back on gas Apply Today: call 1-888- 75 8- 79 4 6 or visit Mention Priority Code HAAAEI Plus cash rewards bonus if you make at least $500 in purchases in the first 90 days of account opening** $ 1 5 0 Ready–Set–Earn! ® with the CTA ® Cash Rewards Visa Signature ® credit card For more information about the rates, fees, other costs and benefits associated with the use of the credit card, call the toll-free number above or visit * The 2% cash back on grocery store and wholesale club purchases and 3% cash back on gas purchases apply to the first $2,500 in combined purchases in these categories each quarter. After that, the base 1% earn rate applies to those purchases. ** You will qualify for $150 bonus cash rewards if you use your new credit card account to make any combination of Purchase transactions totaling at least $500 (exclusive of any fees, returns and adjustments) that post to your account within 90 days of the account open date. Limit 1 bonus cash rewards offer per new account. This one-time promotion is limited to customers opening a new account in response to this offer and will not apply to requests to convert existing accounts. Other advertised promotional bonus cash rewards offers can vary from this promotion and may not be substituted. Allow 8-12 weeks from qualifying for the bonus cash rewards to post to your rewards balance. This credit card program is issued and administered by Bank of America, N.A. Visa and Visa Signature are registered trademarks of Visa International Service Association, and are used by the issuer pursuant to license from Visa U.S.A. Inc. "Ready-Set-Earn!", Bank of America and the Bank of America logo are registered trademarks of Bank of America Corporation. ©2018 Bank of America Corporation CC050119 AR3VTC67 MB0119-AD-CAEDU

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