WEST SACRAMENTO, Calif. – CalSTRS voted its 11.6 million shares against long-tenured board members John D. Baker II, John S. Chen, Lloyd H. Dean, Enrique Hernandez, Jr., Donald M. James, Cynthia H. Milligan, Federico F. Peña, Stephen W. Sanger, and Susan G. Swenson. These board members failed in their duty to shareholders to identify the weaknesses in the company’s risk and oversight mechanisms.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System today announced that Governor Brown has appointed Karen Yamamoto to the California State Teachers’ Retirement Board. The board oversees the retirement benefits for California’s prekindergarten–12 and community college educators covered under the California State Teachers’ Retirement System (CalSTRS).
This directive is to notify employers of the change to Education Code section 24214 and the addition of section 26813 contained in Chapter 703, Statutes of 2011 (SB 349—Negrete McLeod) that become effective January 1, 2012.
This directive about Education Code section 22711 is intended to remind employers how to report service for employees granted a compensated leave of absence to serve as elected officials of an employee organization.
This directive contains information for county superintendents of schools, school districts, charter schools, community college districts, and any agency that employs retired members of the Defined Benefit (DB) Program (referred to in this directive as “retired CalSTRS members”) to perform creditable service.
This directive applies to all county superintendents of schools, school districts, community college districts, charter schools and other employing agencies that employ persons to perform creditable service under the California State Teachers’ Retirement System (CalSTRS) Defined Benefit (DB), Defined Benefit Supplement (DBS) and Cash Balance Benefit (CB) programs.
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.