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 three-year plan has four goals that present a balanced approach to organizational strategies. Each goal has supporting objectives and measures of success. The plan is not a detailed road map or a step-by-step tactical plan with initiatives and activities–that’s reserved for our annual business plan. Instead, the strategic plan provides overarching goals, objectives to guide our collective direction, and measures to evaluate our success.
The CalSTRS 2016-19 Strategic Plan was adopted by the Teachers’ Retirement Board on July 14, 2016.
Progress on the business plan and overarching strategic plan is reported and evaluated annually through an Accomplishments Report to the board.
This five-year plan contains a framework for identifying the skills and competencies needed in the CalSTRS workforce, strategies for selecting, developing, supporting and retaining that workforce, and opportunities and challenges facing CalSTRS in response to and support of our long-term strategic and annual business plans.
This five-year plan describes the current state of the CalSTRS leadership team, outlines initiatives to build a viable pool of successors, identifies what drives and cultivates successful leaders at CalSTRS, and maps strategies for developing and retaining future leaders.
The plan supports the recommendations of the CalSTRS Workforce Strategy Plan and is aligned with the CalSTRS long-term strategic and annual business plans.
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.