A Public Records Investigation

Up to $100M in pension fund exposure — authorized without independent analysis.

We obtained more than 1,200 government documents through FOIA requests to four state agencies. Not one contained an independent analysis of these Israel Bonds investments.

See the evidence Take action
$100M Authorized pension fund exposure with no independent credit analysis required by law
3 Major credit agencies (S&P, Moody's, Fitch) downgraded Israel's sovereign rating since 2024
0 Independent credit analyses found in more than 1,200 FOIA documents

Based on 1,222 public records obtained through the Arkansas Freedom of Information Act

How does this affect you?

I'm an Arkansas educator How ATRS pension decisions affect your retirement
I'm a state employee What's happening with APERS investments
I want to get involved Sign the petition, contact legislators, volunteer

What you can do

Teachers & Educators Your pension fund authorized $50M without independent credit analysis. Learn what the public record shows. Get informed → Public Employees $25–50M authorized with no independent analysis presented to the board. See what we found. See the evidence → Legislators & Staff Review our policy brief on pension transparency and the case for 2027 legislation. Read the brief → Journalists & Media Key findings, source documents, and contact information for your reporting. Press resources →

What we're about

Divest for AR Future is a grassroots campaign using public records and Arkansas law to hold pension decision-makers accountable to the fiduciary standards they are required to follow. When investment decisions bypass independent analysis and override internal staff recommendations, pension beneficiaries deserve answers.

Our research has analyzed more than 1,200 public records obtained through FOIA requests to four Arkansas state agencies. What we've found raises serious questions about whether pension fund investments are being made based on sound financial analysis — or something else entirely.

Learn more about us