WEST SACRAMENTO, Calif. (December 10, 2018)– The California State Teachers’ Retirement System today announced it has received top honors in Pensions & Investments magazine’s Best Places to Work in Money Management for 2018.
Today’s announcement reflects the fourth such honor for CalSTRS in the award’s seven years.
At the July 2018 board meeting, the Teachers’ Retirement Board adopted the 2019 Notice of Election outlining the requirements for the 2019 board election.
Three of the 12 Teachers’ Retirement Board members will be elected by the active membership. CalSTRS will hold the election from October 1, 2019 through November 30, 2019.
Active and inactive members may now view their 2018 Retirement Progress Report on myCalSTRS. Your Retirement Progress Report provides a personalized overview of your CalSTRS account and benefits.
CalSTRS and CalPERS together established a database of prospective directors, known as the Diverse Director DataSource.
The Diverse Director DataSource, called ”3D,” offers shareowners, companies and other organizations a single website from which to recruit diverse individuals whose experience, skills and knowledge qualify them to be a candidate for a director’s seat.
Recently, CalSTRS and CalPERS announced that 3D will now be available in the Equilar Diversity Network. 3D was previously housed with MSCI ESG Research, which played an instrumental role in starting the database.
Drawing from a growing source of investment talent, shareholders and companies can recruit directors from a data pool of candidates with global diversity across a spectrum of experience. They will bring fresh perspectives that deliver long-term value.
CalSTRS believes there is demonstrated economic value from having a diverse board of directors. We believe the composition of boards is a shareholder value issue.
The new partnership of having 3D in the Equilar Diversity Network marks an exciting milestone. 3D will now join the suite of searchable sources within the Equilar BoardEdge platform, making the resource even more valuable for both companies and candidates.
We encourage qualified diverse candidates that are interested in serving on a board, or directors already serving on corporate boards, to consider inclusion in 3D and the vast network of directors in Equilar’s Diversity Network.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System and the California Public Employees’ Retirement System today announced the Diverse Director DataSource (3D) will now be available through the Equilar Diversity Network.
