CalSTRS Outlook

Making Sense of the Headlines
Volume 6, No. 7

CalSTRS Outlook is an email summary of the latest news releases and other items of interest related to CalSTRS benefits and services.

News release Michael Sicilia

CalSTRS Releases Inaugural Sustainability Report, The Next 100 Years
CalSTRS is the first U.S. public pension fund to complete a sustainability report consistent with comprehensive Global Reporting Initiative guidelines

WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System (CalSTRS) today announced the release of its 2013–14 Sustainability Report: The Next 100 Years. CalSTRS is the first U.S. public pension fund to complete the rigorous and detailed sustainability reporting guidelines consistent with the Global Reporting Initiative .  

Ask Jack Jack Ehnes

Ask Jack: Who gets guaranteed benefit adjustments? Why?

Q: Prior to the adoption of AB 1469, was the annual benefit adjustment a contractually guaranteed benefit?

Blog entry Jack Ehnes

Should Investors De-Carbonize Their Portfolios?

No doubt the introduction of proposed legislation included in Senate Bill 185, the Public Divestiture of Thermal Coal Companies Act, turns up the heat in the discussion on how investors might approach de-carbonization of their portfolios in response to climate change issues. If passed, this bill would require the CalSTRS and CalPERS boards to engage with thermal coal companies and, if consistent with their fiduciary duties, to divest from those thermal coal companies that are not transitioning to clean energy generation.