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 members do not pay into Social Security for their teaching work. However, you may have paid into Social Security for work you performed outside of the California educational system. Watch this video to discover how two governmental offsets may impact your Social Security benefits.
Members sometimes ask if they can take a refund of the contributions they’ve made to their CalSTRS defined benefit account. While this is allowed, you should carefully consider the consequences before applying for a refund.
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.