CalSTRS CEO Jack Ehnes Receives Lifetime Achievement Award
WEST SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) announced today that Chief Executive Officer, Jack Ehnes, received the 2011 Employee Benefit Research Institute (EBRI) Lillywhite Award, recognizing outstanding lifetime service and contributions to Americans’ economic security.
The award was presented to Ehnes at an event held by Pensions & Investments in San Francisco.
“Jack is a tireless advocate for the long-term security of retirement benefits and responsible investing.He’s a leader in national and international investment and economic organizations. He promotes environmental sustainability through his involvement on Ceres’ board, is active in the World Economic Forum’s Global Council on Ageing and is a founding board member of the National Institute on Retirement Security,” said Teachers’ Retirement Board Chair Dana Dillon. “Jack’s engaging personality, his catalog of investment and pension benefit knowledge and broad leadership roles exemplify the spirit for which this award is given.”
Prior to arriving at CalSTRS in 2002 Ehnes served as the Colorado State Insurance Commissioner, deputy insurance commissioner and board trustee for the Colorado Public Employees Retirement Association, which included six years as chair and vice-chair of the board.
EBRI established the Lillywhite Award in 1992 to celebrate people with distinguished careers in the investment management and employee benefits fields. The award was named after Ray Lillywhite, a pioneer in the pension field. For more information about the Lillywhite Award visit www.ebri.org/programs/lillywhite.
The California State Teachers’ Retirement System, with a portfolio valued at $146.6 billion as of August 31, 2011, is the largest teacher pension fund and second largest public pension fund in the United States. CalSTRS administers a hybrid retirement system, consisting of a traditional defined benefit, cash balance and defined contribution plan, as well as disability and survivor benefits. CalSTRS serves California’s 852,000 public school educators and their families from the state’s 1,600 school districts, county offices of education and community college districts.