Current position
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Divested
Michigan State Employees' Retirement System
$0
$10M
Historical total
n/a
Coupon
Matured 2025-11-01
Maturity
CONFIDENCE 85/100: how sure we are of this entity's status today (see methodology)
$10M DCI bond purchased Nov 2023 matured Nov 1, 2025 and was not reinvested, making SMRS the first U.S. state retirement system free of Israel Bonds in 30 years. Treasury confirmed via records request that it holds none and has no pending trades.
Bond records
| Event | Date | Amount | Notes |
|---|---|---|---|
| Purchase | Nov 2023 | $10M | Two-year DCI bond |
| Maturity, not reinvested | 2025-11-01 | $10M | Confirmed exit after year-long Michigan Divest campaign |
Sources: don't take our word for it
- activist researchMichigan Divest / IAC: SMRS drops all Israel Bonds, Dec 8 2025open ↗
- pressWaging Nonviolence: 3 local campaigns won divestment, Feb 12 2026open ↗
- pressElectronic Intifada: How activists kicked Israel Bonds out of Michigan, Jun 2 2026open ↗
Act on this
● Confirmed exit
Thank Michigan Office of Retirement Services (SMRS), then hold the line
This office has exited its Israel Bonds position. A short thank-you helps make the exit permanent and pushes them to publish the full history.
To: DTMB-ORS-FOIA-Requests@Michigan.gov
Subject: Thank you for exiting Israel Bonds, and please keep it policy
Dear Michigan Office of Retirement Services (SMRS):
I am a Michigan resident writing to thank Michigan Office of Retirement Services (SMRS) for no longer holding Israel Bonds. I ask that this become formal policy, that no future purchases be made, and that the full history of these holdings be published so residents can verify it.
Thank you,
[Your name]
[City, MI]
Records contact: DTMB-ORS-FOIA-Requests@Michigan.gov
Prefer to call? 517-284-4400
Call script: "Hello, my name is [your name] and I am a Michigan resident. I am calling to thank Michigan Office of Retirement Services (SMRS) for no longer holding Israel Bonds issued by the Development Corporation for Israel. I am asking that this become formal policy, that no future purchases be made, and that the full history of these holdings be published. Thank you."
Call script: "Hello, my name is [your name] and I am a Michigan resident. I am calling to thank Michigan Office of Retirement Services (SMRS) for no longer holding Israel Bonds issued by the Development Corporation for Israel. I am asking that this become formal policy, that no future purchases be made, and that the full history of these holdings be published. Thank you."
Subject: Thank you for exiting Israel Bonds, and please keep it policy
Dear Michigan Office of Retirement Services (SMRS):
I am a Michigan resident writing to thank Michigan Office of Retirement Services (SMRS) for no longer holding Israel Bonds. I ask that this become formal policy, that no future purchases be made, and that the full history of these holdings be published so residents can verify it.
Thank you,
[Your name]
[City, MI]
"Hello, my name is [your name] and I am a Michigan resident. I am calling to thank Michigan Office of Retirement Services (SMRS) for no longer holding Israel Bonds issued by the Development Corporation for Israel. I am asking that this become formal policy, that no future purchases be made, and that the full history of these holdings be published. Thank you."
Get involved in MI
Michigan Divest coalition is working on Israel Bonds divestment in this state. Production version: one-tap signup, chapter contact, and vetting info.
Join the campaign