WEST SACRAMENTO, Calif. – The following statement is attributable to California State Teachers’ Retirement System (CalSTRS) Director of Corporate Governance Anne Sheehan:
“While CalSTRS is disappointed Trian did not prevail in their bid to seat a slate of nominees to the DuPont Board of Directors, we are encouraged by the changes Trian Partners have driven at the company. DuPont has acted on many of Trian’s early recommendations and, as partners with Trian, we are prepared to work from the outside toward long-term growth in collaboration with the board.
This directive applies to all county superintendents of schools, school districts, community college districts, and other employing agencies that employ persons to perform creditable service under the California State Teachers’ Retirement System (CalSTRS) Defined Benefit (DB) Program, Defined Benefit Supplement (DBS) Program and Cash Balance (CB) Benefit programs.
The purpose of this directive is to inform chartering authorities of a required change to the reporting of Monthly Reports of Retirement Contributions (F-496 files). This requirement is fully compliant with Chapter 3 of Part 26.8 of the Education Code, which mandates reporting of contributions in a format conforming to the requirements of CalSTRS.
The purpose of this employer directive is to inform employers of the procedures required to establish and report (a) voluntary receivable payments (tax deferred and non-tax deferred) under Internal Revenue Code Section 414 (h)(2) and Education Code Section 22801(a), 22823, 22826(b), and 23203(c), and (b) mandatory receivable payments (nontax deferred) for overpaid benefits under Education Code Section 22459.
This directive contains information for county superintendents of schools, school districts, community college districts, and any agencies that utilize retired members of the Defined Benefit Program (referred to in this directive as “retired CalSTRS members”) to perform creditable service.
Electronic privacy is crucial for the ongoing success of the Internet as a convenient means to provide customer service. Your personal information will be used only to conduct CalSTRS-related business.
The California State Teachers’ Retirement System website has been developed in compliance with California Government Code §11135, which requires that all electronic and information technology developed or purchased by the State of California is accessible to people with disabilities. There are various types of physical disabilities that impact user interaction on the web. Vision loss, hearing loss, limited manual dexterity, and cognitive disabilities are examples, with each having different means by which to access electronic information effectively.