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TheNutcracker

(2,104 posts)
Wed Jul 2, 2014, 01:15 PM Jul 2014

Hobby Lobby 401(k) employee retirement plan-INCLUDES companies that produce emergency contraceptive [View all]

Here is how firm Hobby Lobby is about their religious beliefs. They have their pension funds invested in companies that produce contraceptive pills and more questionable investments that should have thrown doubt on their sincerity. This is how thoroughly SOCTUS investigated and reviewed their lawsuit. I wonder if this was brought to their attention?

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Documents filed with the Department of Labor and dated December 2012—three months after the company's owners filed their lawsuit—show that the Hobby Lobby 401(k) employee retirement plan held more than $73 million in mutual funds with investments in companies that produce emergency contraceptive pills, intrauterine devices, and drugs commonly used in abortions. Hobby Lobby makes large matching contributions to this company-sponsored 401(k).

http://www.motherjones.com/politics/2014/04/hobby-lobby-retirement-plan-invested-emergency-contraception-and-abortion-drug-makers

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