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.
As CalSTRS begins to emerge from the worst economic downturn since the Great Depression, renewed focus on the sustainability of the defined benefit pension has surfaced, with some calling for the elimination of a plan that has provided a secure retirement to California’s educators for the last 100 years.
WEST SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) can expect to receive approximately $19.5 million plus interest from JP Morgan Chase & Co. as part of a landmark $13 billion settlement with the U.S. Justice Department over the bank’s misrepresentation of residential mortgage-backed securities leading up to the financial crisis.
WEST SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) announced that Chief Investment Officer, Christopher Ailman received the number three spot in aiCIO magazine’s 2013 Chief Investment Officer Power 100. The list ranks and profiles the 100 most influential and powerful asset owners in the world.
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