Indiana Public Retirement System – Indianapolis Business Journal

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Indiana Public Retirement System secures $69M settlement with pharma company

July 21, 2026

The company was accused of making false statements regarding the safety of one of its drugs, leading investors to purchase stocks they otherwise would not have.

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‘No benefit to waiting’: State initiative yields millions in claimed retirement resources

June 23, 2026

Leslie Bonilla Muñiz, Indiana Capital Chronicle

Thousands of people who were eligible to receive Indiana retirement benefits hadn’t yet applied for them, the initiative found.

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Indiana state treasurer raises questions about AES deal, calls for transparency

March 3, 2026 | Holly Hays

State Treasurer Daniel Elliott on Tuesday said he is “increasingly worried” about the impact of a recently announced deal that would see private equity firms acquire the parent of AES Indiana.

Indiana lawmakers move to phase out health-specific retirement benefit

December 11, 2025 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

A Senate panel also considered raising monthly pension benefits for retired police and firefighters—along with contribution rates for local government employers.

Pension system launches database to help Hoosiers get unclaimed retirement benefits

November 24, 2025 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

As of October, about 3,700 INPRS members were eligible to request their earned retirement benefits, with median monthly payments ranging from $545.50 to $783.50.

Indiana pension system divesting from Hong Kong after ‘clarification’ on China divestment mandate

November 4, 2025 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

The Indiana Public Retirement System is divesting from holdings worth almost $170 million more than two years after lawmakers banned investments in Chinese interests.

After dropping BlackRock over socially conscious investing, state picks asset manager with similar past

March 12, 2025 | Cate Charron

The state dropped New York City-based BlackRock as an asset manager after the Treasurer’s Office found it had considered ESG practices. But its replacement has a similar background.

Herbert Simon retires from role on Simon Property Group board

February 6, 2025 |

Dave Lindquist

Herbert Simon, 90, partnered with his brother, Melvin Simon, in 1960 to launch real estate company Melvin Simon & Associates.

State retirement oversight board removes BlackRock from portfolio for ESG violations

December 15, 2024 | Cate Charron

The board of the Indiana Public Retirement System unanimously voted to replace Black Rock as the provider of global inflation-linked bonds to the system.

State divests from two investment funds over ESG, China connections

September 11, 2024 | Cate Charron

The Indiana Deferred Compensation Committee voted to eliminate public retirement assets from the funds as part of the state’s effort to divest from Chinese entities and funds prioritizing environmental, social and governance practices.

State officials celebrate as public pension system completes Chinese divestment

August 1, 2024 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

Comptroller Elise Nieshalla and Treasurer Daniel Elliott praised the pension system’s “speedy action” following 2023 legislation requiring divestment.

Amid tensions, some states are purging Chinese companies from their investments

July 25, 2024 | Associated Press

Indiana last year became the first to enact a law requiring the state’s public pension system to gradually divest from certain Chinese companies.

State treasurer places BlackRock on ESG watchlist

June 21, 2024 | Cate Charron

Indiana passed a law in 2023 directing the Indiana Public Retirement System board to refrain from making investments aimed at environmental, social, and governance issues.

State lawmaker pension panel recommends 13th check, cost-of-living adjustment

October 25, 2023 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

Indiana should move from ad hoc public retirement benefit increases to a long-term approach that guarantees former public employees a 13th check or cost of living adjustment, or COLA, annually, an interim committee recommended Tuesday.

Indiana bill targeting ESG investing heads to governor’s desk

April 24, 2023 | Peter Blanchard

House Bill 1008 has been significantly watered down since it was first introduced, but Republicans say the anti-ESG legislation still accomplishes its intent.

NOV. 6-12, 2026

Digital Edition

Soaring demand erases glut of pandemic-era warehouse space

Cameron Shaw

UPDATED: Zionsville-based AES becomes world’s largest Arby’s franchisee

Susan Orr

Q&A: CEO abandons retirement to lead Corteva into new era

Daniel Bradley

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