UC Investment Portfolio Divestment
Resolution to the 2024 ASE Bargaining Convention, UAW 4811
Workplace Rights and Benefits
Authors: Faith Bennett (UCD), Ethan Custodio (UCM), Connor Luellen (UCB)
Issue Summary: Through our labor and retirement fund contributions, Academic Student Employees are harmed by and implicated in the UC’s practice of investing billions of dollars in weapons manufacturing and other industries that support and benefit from war crimes and systematic violations of human rights.
WHEREAS under the current contract, ASEs are eligible for membership in the retirement savings program (UCRSP), which consists of multiple contribution plans, each of which states that “the provisions of [this] Plan are subject to collective bargaining for represented employees”.
WHEREAS under the current contract, the UC is obliged “not [to] discriminate against…any ASE on the basis of race, national origin, ancestry [or] ethnicity” (Article 21) and maintain a work environment “free of…pervasive conduct in the workplace that denies, adversely limits, or interferes with an employee’s participation in or benefit from University employment” (Article 25).
WHEREAS the aforementioned investments, and their influence on ASEs’ work environment and opportunities therein, constitute acute, discriminatory harm or moral injury to affected workers, particularly Palestinian and Arab workers, in violation of our current contract.
WHEREAS negotiating for UC’s divestment from the aforementioned industries aligns with our union’s commitment to stand with the oppressed and working classes around the world. Moreover, divestment of the endowment as well as all retirement funds would constitute bargaining for the common good, as it would shift our employer’s investments away from these industries and combat the contemporary tendency of American universities to seek exponential asset growth over the well-being of students, staff, faculty, and community members.
THEREFORE BE IT RESOLVED, we commit to prioritizing the severance of all financial ties with entities that support or profit from the violation of international human rights law by demanding in 2025 ASE Bargaining that the UC:
- Both liquidate its current holdings in weapons manufacturers, military contractors, and other companies profiting from Israel’s illegal occupation of and war on Palestine and neighboring territories, and implement a ban on any further such investments, including holdings through the endowment—the General Endowment Pool (GEP) and the Blue and Gold Pool—and the retirement funds—the retirement plan (UCRP) and retirement savings plan (UCRSP).
- Create a custom fund(s) that meets the above stipulations and establish that fund as the default investment option for UCRSP and UCRP.
- Publicly disclose its full investment portfolio through a publicly accessible, detailed, and regularly updated database.
- Establish a new policy whereby UC campus foundations seeking to invest in the General Endowment Pool must first disclose their holdings and donation history and commit to the above stipulations concerning divestment.
Signatories
Delegates
- Adrián Alejandro García
- Adriana Rizzo
- Alexander Ferrer
- Alicia Zeng
- Allison Baker
- Andrea Lara-Garcia
- Ashkaan Kashani
- Brett Hu
- Brooke Benson
- Caleb Fairchild
- Caleb Farrow
- Carrie Hamilton
- Cecille de Laurentis
- Christina Yeo
- Clara Kaul
- Conner Winkeljohn
- David Kanj
- David Kurkovskiy
- De SouzaOton
- Ethan Custodio
- Eujean Doo
- Faith Bennett
- Felicia Cruz-Fernandez
- Felix Li
- Gregory B. Hutchins
- Hannah Lippard
- Isabel Kain
- Ivan Biggs
- Jamie Li Damonti
- Jazmyn Lu
- Jess Fournier
- Jordan Peck
- Julian de Gortari
- Julianna Porter
- JuliAnne Rach
- Justin Foster
- Kase Wheatley
- Kayne Andrew Doughty
- Kevin Su
- Kye Shi
- Lindsay Margaret Miller
- Luis Sotillo
- Maia Southwick
- Mia Clapp
- Michael Purello
- Michaela Anang
- Mingxuan “Gary” Ge
- Nazek Queder
- Nicholas Hu
- Olive Patton
- Paul Wintz
- Pooyan Goodarzi
- Quinn Cao
- Rebecca Eliscu
- Rebecca Gross
- Regina Zhou
- Sahiba Sindhu
- Sarina Rodriguez
- Shahd Fahoum
- Siddharth Jasthi
- Skye Austin
- Spence Norwood
- Stephen Eyman
- Summer Sullivan
- Tito Abbo
- Tracie Hayes
- Tyler Cohen
- Vanessa Sanchez
- Vinz Angelo Madrigal
- William Mol
- Yağmur Ali Coşkun
General Membership
- “Ben” Concepcion
- Aaron Benedetti
- Aaron Goodwin
- Abhinandan Banerjee
- Abinaya Sushana
- Abraham James Mata
- Adam Leif
- Adam Lubitz
- Adam Moore
- Aisha Zaman
- Alba Rodriguez Juan
- Aleksandra Karapetrova
- Alex Torrez
- Alexander Ward
- Alexandra Korotneva
- Alexandra Wood
- Alfred DiLissio
- Ali Neyzi
- Alyson Fritzmann
- Ana Blanco
- Analicia Zamora Castro
- Ananya Paul
- Andrea Stine
- Angel Trazo
- Angelina Karnsouvong
- Anirudh Gurumoorthy
- Ankit Sharma
- Annelle Maranan Garcia
- Anthony Stoner
- Antonio Rivera-Montoya
- Aral Greene
- Arthur Mateos
- Arthur Miltner
- Audrey Burr
- augusta funk
- Avery Morse
- Azeem Malik
- Bashi Mandava
- Ben Schneider
- Ben van Raalte
- Benjamin Ellis
- Beshara Kehdi
- Bethany Suter
- brandon babu
- Brienna Johnson-Morris
- Brittney Marsters
- Brittney Nguyen
- Brooke Kipling
- Caitlin Graziani
- Carson Greene
- Catherine Wright
- Caylee Kessler
- Chris de Firmian
- Christine imperial
- Christopher de Firmian
- Christopher Geary
- Christopher Spano
- Claire Jones
- Claire Murphy
- Clare Tershy
- Colin Wingate
- Connor Yiamkis
- Coralie Cram
- Corrina Fuller
- Craig Sheldon
- Dahyun Han
- Damanjit Singh Gill
- Dan Paz
- Dana Kopel
- David Kalman
- David Su
- Dima El-Mouallem
- Dori-Taylor Carter
- Dylan Kupsh
- Edward Berdan
- Edward Martin
- Ella Curtiss
- Ellie Kaplan
- Emalee Crews
- Emily Rich
- Erika Dvorak
- Ethan Friedland
- Evan Sneed
- Evelyn Bellew
- Evelyn Pidcock
- Eylem Taylan
- Faith Cole
- Filip Sestan
- Franklin Meyer
- Gabriel Woolls
- Ghaddar
- Gisselle Rodriguez Benitez
- Githmi Rabel
- Gonzalo Diaz-Letelier
- Grace Callahan
- Hani Abramson
- Hannah Martinez
- Havyn Ancelin
- Heather Ringo
- Hero Ashman
- Hunter Hill
- Hunter Sagaskie
- Ingrid Sub Cuc
- irem aydemir
- Ísis Higino Silva
- Isaac Warren
- Isheeta Sharma
- Ivey Wexler
- Jack Fox Keen
- Jackson Solheid
- Jahnavi Narkar
- Jake Quinn
- Jane Park
- Jasvir Rababan
- Jaye Johnson
- Jayme Capazo
- Jeanette Charles
- Jenna Wilson
- Jessica Jiang
- Jessica Law
- Jessica Maccaro
- Jillian Eddy
- Joe Brennan
- John Bassney
- John McGahay
- Jonathan Cannard
- Jonathan Jose Vidal Contreras
- Jonathan Sanchez-Lopez
- Jordan Steingard
- Joseph Wu
- Josh Turner
- Jovana Isevski
- Joy zhu
- Juleon Robinson
- Julia Chang
- Julian Kaptanian
- Justin Germain
- K Persinger
- Kaia Smith
- Katherine Drorbaugh
- Katherine Lauck
- Kendra Chilson
- Kenji Tomari
- Kevin Korczyk
- Kevin Yang
- Khang Nguyen
- Kirin Rajagopalan
- Kirsten Sheehy
- Kristian Barajas
- Ksenia Fir
- Kurt Pelzer
- Kylee Hoffman
- Lara Schiffrin-Sands
- Laura Catterson
- Lavanya Nott
- Leah Jacobson
- Leila Easa
- Leila Ullmann
- Leo Niehorster-Cook
- levi craske
- Liam Moore
- Liam Seeley
- Lian Verdeflor
- Ling Tsiang
- Lisa Johnston
- Liz Arnold
- Liza Wemakor
- Lor Martin
- Loren Barbour
- Luis Palacios
- Lukkee Thorpe
- Lyndsey Karr
- Magally Miranda
- Maggie Camillos
- Malak Silmi
- Malsha Amugoda
- Marina Youngblood
- Mary Claire Simone
- Mary Tucker
- Mason McClay
- Mati Castillo
- Matthew Hing
- Megan Davey
- Megan Riley
- Melina Rodriguez
- Meredith Song
- Meriam Salem
- Michael Buse
- Michael Mazzacane
- Michael Mirer
- Mirella G Deniz-Zaragoza
- Monique Mangum
- Muhammad Yousuf
- Naima Karczmar
- Natalie Bernstien
- Natalie Robertson
- Navaira Sherwani
- Ngozi Harrison
- Nicholas Heller
- Nicholas Villarreal
- Nick Robertson
- Nicola Chávez Courtright
- Noorhan Rahmatullah
- Norman Chen
- Omari Averette-Phillips
- Pasqualena Breitenfeld
- Patrick Lawton
- pê feijó
- Peter Racioppo
- Peter Toma
- Porter Harrast
- Prakriti Singh
- Rachel Kaufman
- Racquel Bernard
- Rae Willis-Conger
- Rebecca
- Rebecca de Frates
- Rebecca Waxman
- Reema Saad
- Regina Swanson
- Roberta Dousa
- Rosette Simityan
- Rosie Stockton
- Roy Chamorro Pinel
- Ryan Pesak
- Sadaf Maleki
- Sakshi Singh
- Sally Li
- Samantha Griggs
- Samantha Herman
- Samreen Khan
- Samyak Modi
- Samyuktha Comandur
- Sara Hussein
- Sarah Abusaa
- Sarah Babar
- Saul Ivan Quintero
- Shalinee Maitra
- Shreya Banerjee
- Sienna Ruiz
- Sierra Hansen
- Sindy Li
- Sofia Melendez Cartagena
- Sofia Yazpik
- Soofia Lateef
- Sophia Lencioni
- Sophia Sambrano
- Sophie Capobianco
- Srihari Nageswaran
- Stephanie salas
- Sujoy Ghosh
- Summer Lilyan Lopez Colorado
- Sungwon Heo
- Sunny Chen
- Surya Kumar
- Suryansu
- Sydney Triola
- Tanvi Shinkre
- Tasmeem Jahan Meem
- Taylor Bright
- Thalia Ertman
- Thomas Gepts
- Tobias Smith
- Tucker Haddock
- Vera Parra
- Veronica Grajeda
- Victoria Tran
- Vivian Hernandez
- Vivienne Muller
- Whitné Moussan
- Willa Smart
- William Lampman
- Yasmin Mendoza
- Zachary
- Ziv Plotnik
