WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System (CalSTRS) received its final $15.6 million payment of compensation from the 1997 sale of the Elk Hills Naval Petroleum Reserve as part of the $1.1 trillion budget appropriation bill signed into law today by the President.
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.
The Comprehensive Annual Financial Report of the California State Teachers’ Retirement System, for the fiscal year ended June 30, 2013, reflects the collaborative effort of CalSTRS staff under the leadership of the Teachers’ Retirement Board. Once again they produced an outstanding report.
CalSTRS continues to be a leader in investment diversity and sustainability. CalSTRS is successful because of the diligent efforts of staff, advisors, organizations and many others who are dedicated to the financial welfare of California’s educators. To all of you and our members I say, thank you.
Detailed data on CalSTRS membership in the Teachers’ Retirement Fund including: Defined Benefit, Defined Benefit Supplement and Cash Balance Benefit programs. Detailed data on Pension2 and Medicare Premium Payment programs.
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