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April 8, 2005
Sacramento, CA – The Board of the
California State Teachers’ Retirement System elected
officers for the 2005 term during its regularly scheduled
meeting today, April 7, 2005, at its headquarters in Sacramento.
The Teachers’ Retirement Board members nominate and
elect their own Chair and Vice-Chair annually; the officer
positions are for one year’s duration, although the
members’ terms are for a total of four years. The 2005
officers are:
- Carolyn Widener, an English professor at West Los Angeles
College, as Chair. In December 2003, Widener was among the
first three members ever elected to the board by a vote
of current California educators. Widener was a board member
prior to the 2003 vote. She represents community college
faculty and staff, and currently serves as the chair of
the Benefits and Services Committee.
- Dana Dillon, a middle school language arts and social
science teacher with the Weed Union Elementary School District,
as Vice-Chair. Dillon also was one of the first members
in CalSTRS history to be chosen by a vote of the pension
fund’s membership. She currently serves as the chair
of the Audits and Risk Management Committee.
Widener’s and Dillon’s terms in office began
January 1, 2004; their roles as Chair and Vice-Chair are effective
immediately.
“California public pension systems are currently facing
many challenges,” said Widener. “However, I’m
confident our board will continue to act decisively and constructively
as we work together to achieve the best possible outcome for
California’s educators.”
CalSTRS, with a $127 billion
portfolio, is the nation’s third largest public pension
fund. It administers retirement, disability and survivor benefits
for California’s public school educators in grades kindergarten
through community college, serving more than 755,000 members
and benefit recipients.
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