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.
This three-year plan has four goals that present a balanced approach to organizational strategies. Each goal has supporting objectives and measures of success. The plan is not a detailed road map or a step-by-step tactical plan with initiatives and activities–that’s reserved for our annual business plan. Instead, the strategic plan provides overarching goals, objectives to guide our collective direction, and measures to evaluate our success.
The CalSTRS 2016-19 Strategic Plan was adopted by the Teachers’ Retirement Board on July 14, 2016.
Progress on the business plan and overarching strategic plan is reported and evaluated annually through an Accomplishments Report to the board.
This five-year plan contains a framework for identifying the skills and competencies needed in the CalSTRS workforce, strategies for selecting, developing, supporting and retaining that workforce, and opportunities and challenges facing CalSTRS in response to and support of our long-term strategic and annual business plans.
This five-year plan describes the current state of the CalSTRS leadership team, outlines initiatives to build a viable pool of successors, identifies what drives and cultivates successful leaders at CalSTRS, and maps strategies for developing and retaining future leaders.
The plan supports the recommendations of the CalSTRS Workforce Strategy Plan and is aligned with the CalSTRS long-term strategic and annual business plans.
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.
The California State Teachers’ Retirement System website has been developed in compliance with California Government Code §11135, which requires that all electronic and information technology developed or purchased by the State of California is accessible to people with disabilities. There are various types of physical disabilities that impact user interaction on the web. Vision loss, hearing loss, limited manual dexterity, and cognitive disabilities are examples, with each having different means by which to access electronic information effectively.