CalSTRS CEO Elected President of National Council on Teacher Retirement
Jack Ehnes is the first California leader of the nationwide organization.
WEST SACRAMENTO, Calif. – CalSTRS Chief Executive Officer Jack Ehnes has been elected president of the National Council on Teacher Retirement, marking the first time a Californian has led the organization dedicated to safeguarding the integrity of public retirement systems in the U.S. and its territories. Mr. Ehnes begins his one year term on October 18, succeeding outgoing president, Jill Bachus, Assistant Treasurer, Tennessee Treasury Department.
“I’m enthusiastic about the opportunity to serve teachers’ retirement interests nationwide as president of NCTR”, said Mr. Ehnes. “Defined benefit pensions are under attack at every level of government. My key objective as president is to develop NCTR’s capacity to identify and respond to policy and political issues that seek to undermine the retirement security of our nation’s educators.”
“My key objective as president is to develop NCTR’s capacity to identify and respond to policy and political issues that seek to undermine the retirement security of our nation’s educators.”
CalSTRS Chief Executive Officer
NCTR serves 68 state, territorial, and local pension systems representing more than 19 million active and retired teachers, non-teaching personnel, and other public employees, with combined assets of over $2 trillion in their trust funds.
Since 2002, Mr. Ehnes has led CalSTRS and its nearly 1,200 employees serving more than 914,000 members and beneficiaries. He is currently chairman of the FTSE Environmental Markets Advisory Committee and a member of the FTSE4Good Advisory Committee. He also serves on the boards of Ceres (a national network of investors and environmental organizations working to address sustainability challenges), the Sustainability Accounting Standards Board Foundation and the International Foundation of Employee Benefit Plans, Public Employees Board.
Additionally, Mr. Ehnes is a past board member of the National Institute on Retirement Security and board chair of the Council of Institutional Investors.
The California State Teachers’ Retirement System, with a portfolio valued at $215.3 billion as of September 30, 2017, is the largest educator-only pension fund in the world. CalSTRS administers a hybrid retirement system, consisting of traditional defined benefit, cash balance and voluntary defined contribution plans. CalSTRS also provides disability and survivor benefits. CalSTRS serves California’s more than 914,000 public school educators and their families from the state’s 1,700 school districts, county offices of education and community college districts.
See how CalSTRS demonstrates its strong commitment to long-term corporate sustainability principles in its annual Global Reporting Initiative sustainability report: Global Stewardship at Work.