TranslateBoard meeting - January 2020
Unless otherwise specified, meetings will be held at the following location:
CalSTRS, 100 Waterfront Place, West Sacramento, CA.
First Floor Board Room
All meeting times are approximate depending upon the end of the previous meeting.
January 30, 2020
Item 1 - Approval of Committee Agenda
Session: Open | Type: Action | Presenter: Chairperson
Item 1Item 2 - Opportunities for Statements from the Public
Session: Open | Type: Informational | Presenter: Chairperson
Item 3 - Approval of Minutes of the November 6, 2019, Investment Committee Meeting – Open Session
Session: Open | Type: Consent/Action | Presenter: Chairperson
Item 3Item 4 - Investment Policy and Management Plan Revision – 2019 ALM Study Implementation Plan
Session: Open | Type: Consent/Action | Presenter: Chairperson
Item 4Item 5a - Sustainable Investment & Stewardship Strategies - Program and Portfolio Policy Revision – Open Session
Session: Open | Type: Action | Presenter: Kirsty Jenkinson
Item 5aItem 5a PowerPointItem 5b - Sustainable Investment & Stewardship Strategies - Stewardship Plan
Session: Open | Type: Action | Presenter: Kirsty Jenkinson
Item 5bItem 5b PowerPointItem 5c - Sustainable Investment & Stewardship Strategies - Low Carbon Transition Work Plan – Investment Belief
Session: Open | Type: Action | Presenter: Kirsty Jenkinson
Item 5cItem 5c PowerPointItem 5d - Sustainable Investment & Stewardship Strategies - Green Initiative Task Force Report (SB964)
Session: Open | Type: Action | Presenter: Kirsty Jenkinson
Item 5dItem 5d PowerPointItem 6 - Chief Investment Officer’s Report – Open Session
Session: Open | Type: Action | Presenter: Christopher Ailman
Item 6Item 6 PowerPointItem 7 - CalSTRS Collaborative Model – The Pillars Project
Session: Open | Type: Action | Presenter: Scott Chan and Lisa Blatnick
Item 7Item 7 PowerPointItem 8 - Global Equity Active Risk Budget Overview
Session: Open | Type: Action | Presenter: June Kim and Meketa
Item 8Item 8a PowerPointItem 8b PowerPointItem 9 - Review of Information Requests
Session: Open | Type: Action | Presenter: Chairperson
Item 10 - Draft Agenda for the Next Committee Meeting
Session: Open | Type: Action | Presenter: Chairperson
Item 10Item 11 - Approval of Minutes of the November 6, 2019, Investment Committee Meeting – Closed Session (Gov. Code, sec 11126)
Session: Closed | Type: Consent/Action | Presenter: Chairperson
Item 12 - Confer with and Receive Advice from Fiduciary Counsel and Investment Consultants (Gov. Code, sec 11126(c)(16))
Session: Closed | Type: Informational | Presenter: Counsel and Meketa
Item 13 - Tactical Investment Strategy Discussion (Gov. Code, sec. 11126(c)(16))
Session: Closed | Type: Informational | Presenter: Investment Staff and Consultants
Item 14 - Sustainable Investment & Stewardship Strategies Portfolio Policy Revision – First Reading – Closed Session
Session: Closed | Type: Informational | Presenter: Kirsty Jenkinson and Aeisha Mastagni
Item 15 - Confer with and Receive Advice from Legal Counsel Regarding Pending Litigation (Gov. Code, sec. 11126(e))
Session: Closed | Type: Informational | Presenter: Brian J. Bartow
Item 16 - Consideration of Investment Decisions (Gov. Code, sec. 11126(c)(16))
Session: Closed | Type: Informational | Presenter: Chairperson
NOTE: Items designated for information are appropriate for committee action if the committee wishes to take action. Items on the agenda of board committees may be referred to the board for discussion and possible action. Agenda items may be taken out of order with the approval of the Chairperson. Board members who are not members of the committee may attend and observe, but may not participate in the discussion of agenda items.
Item 1 - Approval of Committee Agenda
Session: Open | Type: Action | Presenter: Chairperson
Item 1Item 2 - Approval of Minutes of the November 7, 2019, Board Governance Committee Meeting – Open Session
Session: Open | Type: Consent/Action | Presenter: Chairperson
Item 2Item 3 - Teachers’ Retirement Board Policy Manual Reorganization – Identify Board and Staff Policies/Proposed Revisions to Separate Policies
Session: Open | Type: Informational | Presenter: Brian J. Bartow / Jill Lukins
Item 3Item 4 - Teachers’ Retirement Board Policy Manual Revisions – Succession Planning Policy – 1st Reading
Session: Open | Type: Informational | Presenter: Amy McDuffee, Mosaic Governance Advisors
Item 4Item 5 - Teachers’ Retirement Board Policy Manual Revisions – Education Policy §500(D)(a) – 1st Reading
Session: Open | Type: Informational | Presenter: Amy McDuffee
Item 5Item 6 - Trustee Onboarding Program Updates
Session: Open | Type: Informational | Presenter: Amy McDuffee
Item 6Item 6 PowerPointItem 7 - Review of Information Requests
Session: Open | Type: Informational | Presenter: Chairperson
Item 8 - Draft Agenda for Next Committee Meeting
Session: Open | Type: Informational | Presenter: Chairperson
Item 8Item 9 - Opportunities for Statements from the Public
Session: Open | Type: Informational | Presenter: Chairperson
NOTE: Items designated for information are appropriate for committee action if the committee wishes to take action. Items on the agenda of board committees may be referred to the board for discussion and possible action. Agenda items may be taken out of order with the approval of the Chairperson. Board members who are not members of the committee may attend and observe, but may not participate in the discussion of agenda items.
January 31, 2020
Item 1 - Approval of Committee Agenda
Session: Open | Type: Action | Presenter: Chairperson
Item 1Item 2 - Chief Executive Officer Briefing on Performance and Personnel Issues (Gov. Code, sec. 11126(a), (b), (g))
Session: Closed | Type: Informational | Presenter: Jack Ehnes
Item 3 - Committee Reports (Gov. Code, Sec. 11126) a) Investment Committee b) Appeals Committee
Session: Closed | Type: Informational | Presenter: Chairperson
Item 4 - Confer with and Receive Advice from Legal Counsel Regarding Pending Litigation (Gov. Code, sec. 11126(e))
Session: Closed | Type: Informational | Presenter: Brian J. Bartow
Item 5 - Approval of Minutes of the November 8, 2019 Regular Meeting – Closed Session (Gov. Code, sec 11126)
Session: Closed | Type: Consent/Action | Presenter: Chairperson
Item 6 - Review of Actuarial Assumptions
Session: Open | Type: Action | Presenter: Rick Reed/ David Lamoureux/ Nick Collier and Mark Olleman, Milliman
Item 6Item 6 PowerPointItem 7 - Initiate Rule Making Process for Public Comment
Session: Open | Type: Action | Presenter: Brian J. Bartow / Grant Boyken
Item 7Item 8 - Pension Solution Project Update
Session: Open | Type: Informational | Presenter: Ashish Jain/ Bill Perez/ Prashant Mittal/ Graeme Finley, Grant Thornton LLP
Item 8Item 8a PowerPointItem 8b PowerPointItem 9 - Fiduciary Insurance Review
Session: Open | Type: Informational | Presenter: Brian J. Bartow/ Kirsten Casella/ Michele Cowen
Item 9Item 9 PowerPointItem 10 - Chief Executive Officer Report
Session: Open | Type: Informational | Presenter: Jack Ehnes
Item 10Item 11 - State and Federal Legislation
Session: Open | Type: Consent/Information | Presenter: Grant Boyken/ Joycelyn Martinez-Wade
Item 11Item 12a - Committee Reports 1) Investment Committee 2) Appeals Committee 3) Audits and Risk Management Committee 4) Benefits and Services Committee 5) Board Governance 6) Compensation Committee
Session: Open | Type: Consent/Action | Presenter: Chairperson
Item 12b - Adoption of 2020-21 Board Meeting Calendar
Session: Open | Type: Consent/Action | Presenter: Chairperson
Item 12bItem 12c - Approval of Minutes of the November 7-8, 2019, Regular Meeting – Open Session
Session: Open | Type: Consent/Action | Presenter: Chairperson
Item 12cItem 12d - Board Member Education - Revised
Session: Open | Type: Consent/Action | Presenter: Chairperson
Item 12dItem 12e - Contracts Requiring Board Approval
Session: Open | Type: Consent/Action | Presenter: Chairperson
Item 12eItem 13 - Items Referred by Committee for Board Decision
Session: Open | Type: Informational | Presenter: Chairperson
Item 14 - New Business / Review of Information Requests
Session: Open | Type: Informational | Presenter: Chairperson
Item 15 - Draft Agenda for the Next Meeting
Session: Open | Type: Informational | Presenter: Chairperson
Item 15Item 16 - Opportunities for Statements from the Public
Session: Open | Type: Informational | Presenter: Chairperson
NOTE: Items designated for information are appropriate for board action if the board wishes to take action. Agenda items may be taken out of order with the approval of the Chairperson.
Item 1 - Approval of Committee Agenda
Session: Open | Type: Action | Presenter: Chairperson
Item 1Item 2 - Approval of Minutes for the December 5, 2019, Appeals Committee Meeting – Open Session
Session: Open | Type: Consent/Action | Presenter: Chairperson
Item 2Item 3a - Consideration of Proposed Administrative Decision - In the Matter of the Retirement Benefits of Colleen Wilcox
Session: Open | Type: Action | Presenter: Ryan Dunlevy
Item 3aItem 3b - Consideration of Proposed Administrative Decision - In the Matter of the Request for Entitlement in Diane McLaughlin’s Defined Benefit Account by: James McLaughlin
Session: Open | Type: Action | Presenter: Ryan Dunlevy
Item 3bItem 4 - Staff Report
Session: Open | Type: Informational | Presenter: Reina G. Minoya
Item 5 - Review of Information Requests
Session: Open | Type: Informational | Presenter: Chairperson
Item 6 - Opportunity for Statements from the Public
Session: Open | Type: Informational | Presenter: Chairperson
Item 7 - Approval of Minutes for the December 5, 2019, Appeals Committee Meeting – Closed Session (Gov. Code, sec. 11126)
Session: Closed | Type: Consent/Action | Presenter: Chairperson
Item 8 - Confer with Legal Counsel Regarding Pending Litigation (Gov. Code, Sec. 11126(e))
Session: Closed | Type: Informational | Presenter: Reina G. Minoya
Item 9a - Consideration of Proposed Administrative Decision - In the Matter of the Retirement Benefits of Colleen Wilcox (Gov. Code, sec. 11126(c)(3))
Session: Closed | Type: Action | Presenter: Chairperson
Item 9b - Consideration of Proposed Administrative Decision - In the Matter of the Request for Entitlement in Diane McLaughlin’s Defined Benefit Account by: James McLaughlin (Gov. Code, sec. 11126(c)(3))
Session: Closed | Type: Action | Presenter: Chairperson
Item 10 - Deliberate on In the Matter of the Audit Finding Regarding Santa Clara County Office of Education and Joyce Farnam (Gov. Code, sec. 11126(c)(3))
Session: Closed | Type: Informational | Presenter: Chairperson
Item 11a - Announcement of Actions Taken on Proposed Administrative Decisions - In the Matter of the Retirement Benefits of Colleen Wilcox
Session: Open | Type: Action | Presenter: Chairperson
Item 11b - Announcement of Actions Taken on Proposed Administrative Decisions - In the Matter of the Request for Entitlement in Diane McLaughlin’s Defined Benefit Account by: James McLaughlin
Session: Open | Type: Action | Presenter: Chairperson
NOTE: Items designated for information are appropriate for committee action if the committee wishes to take action. Items on the agenda of board committees may be referred to the board for discussion and possible action. Agenda items may be taken out of order with the approval of the Chairperson. Board members who are not members of the committee may attend and observe, but may not participate in the discussion of agenda items.