CalSTRS Board Approves Video Transmission of Meetings
Web streaming affirms board’s commitment to transparency.
WEST SACRAMENTO, CA – The Board of the California State Teachers’ Retirement System took another step today toward greater transparency of its proceedings by approving the live video streaming and archiving of its meetings on the Web.
The decision means live video streaming, as well as archived versions, will be available on the website, www.CalSTRS.com. CalSTRS currently offers live audio streaming. Also, the current practice of providing DVDs of meetings to anyone who requests them will continue.
“This affirms the commitment of the Teachers’ Retirement Board to the highest degree of transparency in their operations,” said CalSTRS Board Chair, Jerilyn Harris. “This comes at a time when CalSTRS needs to increase its communication with its stakeholders and the general public about a variety of crucial issues, such as the need to find a long-term solution to its funding challenges.”
Live public audio streaming of meetings has been available since July 2009, shortly after the move to the current headquarters in West Sacramento. CalSTRS is among the first large pension systems to offer this degree of access.
The California State Teachers’ Retirement System, with a portfolio valued at $138.6 billion, is the second largest public pension fund in the United States. It administers retirement, disability and survivor benefits for California’s 848,000 public school educators and their families from the state’s 1,400 school districts, county offices of education and community college districts.