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.
The June 2015 CalSTRS Investment Committee featured guest speaker, Tom Steyer, investor, philanthropist and advanced energy advocate.
Mr. Steyer spoke to the board about climate change, divestment and sustainable investment strategies as part of the Investment Insight Program. His presentation to the board can be viewed from our Board Meeting Video Archive, Investment Committee Item 3.
WEST SACRAMENTO, Calif. – California State Teachers’ Retirement System’s (CalSTRS) Chief Executive Officer Jack Ehnes, announced today that CalSTRS has consented to Cerberus’ proposal allowing CalSTRS to exit its economic interest in Remington Outdoor, ending a two-year divestment effort.
By creating the illusion of a catastrophic pension crisis, pension critics would have you believe that the only way to create a sound and sustainable retirement savings program is to move away from a defined benefit pension, preferably replaced with a defined contribution or perhaps none all. Many recent studies, media articles and now a new ballot initiative are based on the same flawed logic.
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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.