WEST SACRAMENTO, Calif. (May 11, 2018) – The trustees of the California State Teachers’ Retirement System yesterday elected Dana Dillon as board chair and Sharon Hendricks as vice chair for the 2018-19 term. The Teachers’ Retirement Board nominates and elects its chair and vice chair annually. The newly-elected officers assume their posts immediately. The chair and vice chair provide board leadership for the largest educator-only pension fund in the world.
WEST SACRAMENTO, Calif. (May 10, 2018) – The Teachers’ Retirement Board today adopted the results of the actuarial valuation for the CalSTRS Defined Benefit Program as of June 30, 2017, reflecting impacts from investment assumption changes while also noting continued progress toward the system’s long-term funding goals.
WEST SACRAMENTO, Calif. (May 9, 2018) – The California State Teachers’ Retirement System today unveiled a plan to prioritize engagement with makers and retailers of firearms that are illegal in California. The plan, approved unanimously by the Teachers’ Retirement Board, authorizes CalSTRS corporate governance staff to make firearms engagement activities a top priority by publicly engaging companies and potentially recommending that the board consider divestment if engagement efforts fail.
California Education Code Section 47611.3: Requires school districts of County Offices of Education to report contributions and data to CalSTRS on behalf of charter schools
Required Documents from Charter Schools
Prior to accepting contributions, CalSTRS requires the following documents:
A copy of the school’s charter petition indicating the election or participation in CalSTRS
If the charter school chooses to collect pre-tax contributions, a completed Employer Paid Member Contributions Resolution is required.
During the April 2017 board meeting, a presentation on charter schools was shared with the Client Advisory Committee. Data presented was as of year-end June 30, 2016 and was based on charter schools who have elected CalSTRS. Below is the presentation and additional handout that was shared.
During the June 2017 board meeting, a presentation on charter schools was shared with the Teachers’ Retirement Board. Below are the presentation and the full report.
