WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System’s (CalSTRS) Corporate Governance 2014 Annual Report shows its engagement with small-cap companies yielded remarkable progress in the adoption of majority voting standards for the election of corporate directors.
The Corporate Governance 2014 Annual Report reflects four years of work with small-cap companies—those with a capitalization of $2 billion or less—to adopt the majority-vote standard. The standard requires directors to receive a majority of shareholder support to be elected to the board.
CalSTRS is the largest teachers’ retirement system and second largest public pension fund in the nation. A world-class financial services institution and state agency, our unique organizational culture emphasizes customer service, leadership and respect for our members and our colleagues.
Pursuant to Government Code section 11425.60, and the board policy on Designating Precedential Decisions, CalSTRS is authorized to designate all or part of an administratively adjudicated decision as a Precedential Decision when the following criteria are met:
This page outlines how CalSTRS handles pension spiking, what we’ve done recently to improve our prevention, detection and resolution of suspected incidents of spiking, and how we intend to continue improving our capabilities.
CalSTRS Business Plan provides essential information on the current fiscal year, including the strategy map, the Teachers’ Retirement Board priorities and planned outcomes. CalSTRS Strategic Plan is a guide for the future of CalSTRS as an organization.
In 2013 CalSTRS celebrated a century of securing the financial future and sustaining the trust of California’s educators. Delivering on our promise of a secure retirement educators can count on year in and year out for 100 years is an accomplishment we are proud to celebrate with you.
Fast Facts are a quick glimpse into the most current information on CalSTRS membership, investments and funding as of June 30, 2013. For more detailed information see the Comprehensive Annual Financial Report.
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.