WEST SACRAMENTO, Calif. (May 11, 2018) – The trustees of the California State Teachers’ Retirement System yesterday elected Dana Dillon as board chair and Sharon Hendricks as vice chair for the 2018-19 term. The Teachers’ Retirement Board nominates and elects its chair and vice chair annually. The newly-elected officers assume their posts immediately. The chair and vice chair provide board leadership for the largest educator-only pension fund in the world.
WEST SACRAMENTO, Calif. (May 10, 2018) – The Teachers’ Retirement Board today adopted the results of the actuarial valuation for the CalSTRS Defined Benefit Program as of June 30, 2017, reflecting impacts from investment assumption changes while also noting continued progress toward the system’s long-term funding goals.
WEST SACRAMENTO, Calif. (May 9, 2018) – The California State Teachers’ Retirement System today unveiled a plan to prioritize engagement with makers and retailers of firearms that are illegal in California. The plan, approved unanimously by the Teachers’ Retirement Board, authorizes CalSTRS corporate governance staff to make firearms engagement activities a top priority by publicly engaging companies and potentially recommending that the board consider divestment if engagement efforts fail.
CalSTRS has long focused on corporate accountability and improving long-term returns in its portfolio. Board diversity is an essential tool in the goals to improve corporate accountability and enhance long-term sustainable value shareholders, generally and CalSTRS beneficiaries in particular.
CalSTRS supports board diversity as an important business goal that can be properly addressed in the marketplace. The following resources are for your convenience; this list is not intended to be definitive or conclusive.
Mind the Gap is a review of empirical findings and Glass Lewis’ research on gender diversity in 11 different markets.
This report covers issues such as:
Existing and upcoming legislation and guidance on diversity considerations and quotas.
Findings regarding female representation in the boardroom, on key committees and in various sectors.
For more information or to obtain this report, complete the Request Information form at Glass, Lewis & Company’s website. Mention this report in the “Comments” section.
