A Public Records Investigation

Up to $155M in authorized pension fund exposure. Zero independent credit analyses.

We obtained nearly 1,100 government documents through FOIA requests to four state agencies. Not one contained an independent analysis of these Israel Bonds investments.

$155M Total authorized Arkansas exposure to Israel Bonds across three state agencies
3 Major credit agencies (S&P, Moody's, Fitch) downgraded Israel's rating
0 Independent credit analyses found in nearly 1,100 FOIA documents

Based on 1,098 public records obtained through the Arkansas Freedom of Information Act

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 nearly 1,100 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