WASHINGTON, D.C. The Hotel Employees and Restaurant Employees International Union (HERE) launched a new website, www.OPERSWatch.org, which highlights the investment practices of the Public Employees Retirement System of Ohio (OPERS), a $50 billion public pension fund representing Ohio state workers.
Investment practices criticized on the website include OPERS ownership of the Hotel Del Coronado, a luxury hotel in San Diego, CA that is involved in a contentious labor dispute, and the funds connection to companies and firms pushing privatization of state sector jobs.
The HERE Union represents over 300,000 workers in the hospitality industry, including thousands of working families in Ohio. (2/12/01)