WEST SACRAMENTO, Calif. (April 15, 2019) – California State Teachers’ Retirement System announced that trustee Sharon Hendricks was elected to the PRI Association Board. As an independent organization, PRI encourages investors to use responsible investment to enhance returns and better manage risks.
In this volume of the CalSTRS Outlook eNewsletter, Chief Executive Officer, Jack Ehnes explains the significance of the diversification strategy proposed in the 2015 Asset Allocation Study and what investment changes it could bring.
Be sure to watch the Inside CalSTRS Investments video conversation with Director of Innovation and Risk, Steven Tong, as he discusses the different types of risk and innovation used to diversify and balance the portfolio.
In June of 2014, legislation was enacted to address a projected shortfall in the CalSTRS Defined Benefit Program. The CalSTRS 2014 Funding Plan enacted in Assembly Bill 1469 sets the Defined Benefit Program on a sustainable course to eliminate the unfunded liability in roughly 30 years. This historic legislation calls for gradual, shared contribution increases from members, employers and the State of California over the next several years beginning July 1, 2014.
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.