WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System (CalSTRS) today announced overwhelming corporate governance success during the 2014 proxy season, as 86 of the 93 companies it engaged adopted a majority voting standard in corporate board elections.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System (CalSTRS), in collaboration with the California Public Employees’ Retirement System (CalPERS), sent the 131 California companies in their portfolios that lack women directors a letter offering their combined expertise to help diversify their boards.
The purpose of this directive is to add the employer contribution rate for the Reduced Workload Program and for elected officers of an employee organization adopted by the Teachers’ Retirement Board (Board) in June to previously released Employer Directive 2009-04.
The purpose of this directive is to inform employers of the regular interest and credited interest rates for the Defined Benefit (DB) Program, minimum interest for the Cash Balance (CB) Benefit Program, and the minimum interest rate for the Defined Benefit Supplement (DBS) Program.
This directive contains information for county superintendents of schools, school districts, community college districts, and any agencies that employ CalSTRS retired members to perform creditable service.
The purpose of this directive is to inform employers of required changes to the reporting of Cash Balance Voluntary Deduction Files (VDF). These requirements are fully compliant with Part 14, Chapter 4 (Employer and Participant Responsibilities) of the California Education Code, which mandates reporting of contributions and assessment of penalties.
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