CalSTRS Outlook

Headline Wrap Up
April 2016

CalSTRS Outlook provides an email summary of the latest news, updates and other items of interest related to CalSTRS benefits and services.

Ask Jack Jack Ehnes

What happens if I don’t select a beneficiary in the event of my death?

Under both Coverage A & B Survivor Benefits, if you die before retirement and have not listed a one-time beneficiary, CalSTRS will make the payment to your estate. However, your survivors, including your spouse or registered domestic partner and dependent children, may still be eligible for a monthly survivor benefit.

Report

Investing in a Time of Climate Change Study

To gain better insight into the various investment implications presented by climate change, CalSTRS collaborated with Mercer and 17 other participants in a research study, Investing in a Time of Climate Change: California State Teachers’ Retirement System Portfolio Climate Change Risk Assessment.  The study highlights estimated portfolio return implications under four climate change scenarios and recommends appropriate actions to mitigate investment risk and maximize value within the portfolio.

News release Ricardo Duran

CalSTRS Corporate Governance Achieves 97 percent Success Rate in the Adoption of the Majority Vote Standard
Five-year engagement plan demonstrates better alignment of board and shareholder interests.

WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System today released its 2015 Corporate Governance Annual Report highlighting a successful engagement plan, which resulted in 375 companies adopting a majority vote standard.

News release Michael Sicilia

Teachers’ Retirement Board Elects Chair and Vice Chair
Dana Dillon will serve as chair; Sharon Hendricks will serve as vice chair

WEST SACRAMENTO, Calif. – The trustees of the California State Teachers’ Retirement System today elected Dana Dillon as board chair and Sharon Hendricks as vice chair for the 2016-17 term.

News release Michael Sicilia

CalSTRS Releases 2015 Actuarial Valuation

WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System today released the actuarial valuation of the Defined Benefit Program as of June 30, 2015, reflecting the importance of adequate funding over the long term.

Commands