Overall Rating Bronze - expired
Overall Score 31.41
Liaison Ryan McEnany
Submission Date Aug. 19, 2011
Executive Letter Download

STARS v1.1

Pace University
PAE-T2-6: Socially Responsible Retirement Plan

Status Score Responsible Party
Complete 0.25 / 0.25 Michelle Land
Director
Pace Academy for Applied Environmental Studies
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Does the institution offer a socially responsible investment option for retirement plans?:
Yes

A brief description of the socially responsible investment option for retirement plans:

Pace maintains a 403(b) plan and contributes between 9% and 12% for employees. Pace utilizes TIAA-CREF (a non-profit institution) as the plan administrator on the plan. Among investment choices is the CREF Social Choice Account seeks a favorable long-term rate of return that reflects the investment performance of the financial markets while giving special consideration to certain social criteria. The fund may invest in U.S. government securities and in securities issued by foreign governments or their agencies or instrumentalities as approved by the Corporate Governance and Social Responsibility Committee


The website URL where information about the program, policy, or practice is available:
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Data source(s) and notes about the submission:
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The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution or simply email your inquiry to stars@aashe.org.