WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System (CalSTRS), in collaboration with the California Public Employees’ Retirement System (CalPERS), sent the 131 California companies in their portfolios that lack women directors a letter offering their combined expertise to help diversify their boards.
WEST SACRAMENTO, Calif. – California State Teachers’ Retirement System (CalSTRS) today announced the promotion of Lisa Blatnick to Chief of Administrative Services, an executive position focused, in part, on attaining business goals outlined in CalSTRS 2014-15 fiscal year business plan. Ms. Blatnick’s position was effective August 1, 2014.
As directed by Senate Concurrent Resolution 105, this report provides an analysis of the issues the Legislature and Governor need to consider to develop a sustainable funding strategy that secures the long-term funding needs of the Defined Benefit Program, identifies funding options, and illustrates the implications of gradual, incremental contribution increases necessary to close the $64 billion funding gap.
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