CalSTRS has conducted an assessment of AB 340, the California
Public Employees’ Pension Reform Act of 2013, and its impact on
CalSTRS members and operations and outlined key changes.
WEST SACRAMENTO, CA – The California State Teachers’ Retirement
System (CalSTRS) released, “Lessons Learned: The Inaugural Year of Say-on-Pay,” its analysis of
shareholders’ ability to vote on executive compensation, known as
say-on-pay, during the 2011 proxy season.
WEST SACRAMENTO, CA– The
California State Teachers’ Retirement System (CalSTRS) announced
today it will vote against the advisory vote approving executive
compensation and the election of all incumbent board members at
Occidental Petroleum’s (NYSE: OXY) 2010 Annual Meeting in Los
Angeles on May 7.
SACRAMENTO, CA– With risky
behavior and excessive executive pay blamed for fueling the
economic crisis, the California State Teachers’ Retirement System
(CalSTRS) is calling for more responsible executive pay policies.
Your retirement benefit is based on a formula (Service Credit x
Age Factor x Final Compensation = Member-Only Benefit). How
confident are you in your understanding of how this formula
determines your Member-Only Benefit amount?
