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Massachusetts AFL-CIO Testimony Before Joint Standing Committee on State Administration and Regulatory Oversight
Remarks by President Haynes at Iranian Divestment Hearing
4/10/08
Thank you Chairman Cabral, Chairwoman Wilkerson for the opportunity to testify here today.
Bob Haynes, President, Massachusetts AFL-CIO.
Mass. AFL-CIO represents 400,000 working families from 750 local unions.
The Massachusetts AFL-CIO strives daily to be the voice of working families.
Today I am here to lend that voice to the movement to divest our state pension funds from Iranian interests.
Retirement Security and Pensions are Important to Working Families
It is no secret just how important Retirement Security and Defined Benefit Pensions are to working people.
Retiring with Dignity Means Living Up to Our Moral Code
We believe that a lifetime of work should earn a worker the ability to retire with dignity.
There is nothing dignified about drawing pension funds from companies and interests that further encourage the disturbing behaviors taking place in Iran.
We in the Labor Movement believe that it is a moral issue to provide our older citizens with a good pension upon which they can retire and enjoy their Golden Years.
To invest in Iranian interests compromises and contradicts the moral and values basis for our arguments in favor of a good retirement.
50th Annual Convention of the Massachusetts AFL-CIO Unanimously Passed a Resolution in Support of Divestment from Iran
I would like to close by reading the Resolution in Support of Divestment from Iran that was unanimously passed at the 50th Annual Convention of the Massachusetts AFL-CIO which expresses our strong support for this issue.
