Faculty Forum Papers
"CHOICES OF INVESTMENT IN TAX DEFERRED ANNUITIES
FOR INVESTORS OF CONSCIENCE"
by
Roger Weaver
Professor of English
February 1987
CHOICES OF INVESTMENT IN TAX DEFERRED ANNUITIES FOR INVESTORS OF CONSCIENCE
The State Board of Higher Education has an approved list of investment
companies for employees who wish tax-deferred annuities. None of the companies
on the approved list passes the standards of monitoring groups opposed to
over-spending on defense, pollution of the environment, or stabilizing the
government of South Africa. I would like to see the list of choices expanded
to include companies which are concerned about such issues to the degree that
they do not make such investments.
Joe Sicotte of the State Board office in Eugene indicated to me that
expansion of the approved list would occur if sufficient employee interest
warranted it. (Prior to our telephone conversation today, he informed me, he
is aware of only one other time that this has "come up," as he digestively put it.)
This means that in order for an individual to exercise right of choice, many must
ask for that right, regardless of their personal stand on any of these issues.
So often we have no choice and our contribution to public funds are not handled
with concern for the individual's beliefs, but in this instance provision is made for
individual choice. In order to make that choice a real one, please call or write Joe
Sicotte or Ron Anderson, Office of the State Board of Higher Education, PO Box 3175,
Eugene, Oregon 97403, tel. (503) 686-5765. Ask that the list of tax deferred annuity
choices be expanded in order to accommodate individuals concerned about defense, poisoning
of the environment, and apartheid in South Africa.
Roger Weaver
Professor of English
December 15, 1986
Opinions expressed by authors of Faculty Forum articles are not necessarily
those of the OSU Faculty or Faculty Senate.
