Dana Dillon Re-Elected Chair of CalSTRS Board
Harry Keiley re-elected Vice Chair
WEST SACRAMENTO, CA – The trustees of the California State Teachers’ Retirement System (CalSTRS) announced today the re-election of Dana Dillon as chair and Harry Keiley as vice chair of the board for the 2013-2014 term.
The 12-member 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, direction and policy development for the largest educator-only pension fund in the world. The election took place at Thursday’s Teachers’ Retirement Board meeting.
Dana Dillon is an intermediate grade school teacher and librarian from Weed. She has served on the board since her election in 2003, including service as chair and vice chair. Ms. Dillon currently serves on the board of directors of the California Teachers Association (CTA). She has been an active member of CTA for more than 28 years including service as a state council representative and chair of CTA’s Retirement Committee.
“Serving on the board since 2003 has been and continues to be an incredibly rewarding experience. This opportunity to serve another year as chair means my ability to support the board’s momentum – tackling broad and sensitive issues that affect CalSTRS’ fund – will continue as we undertake crucial initiatives to strengthen the fund and continue improving the service we provide to our members,” said Dana Dillon.
Harry M. Keiley is a high school teacher with the Santa Monica-Malibu Unified School District and was elected to the Teachers’ Retirement Board in 2007. He has served as the president of Santa Monica-Malibu Classroom Teachers Association and chair of the California Teachers Association’s Political Involvement Committee.
“I’m proud to serve another year as vice chair and to help the board continue charting a course of leadership for CalSTRS as a responsible investor, whether it’s on environmental reporting, socially responsible investing or corporate governance issues,” noted Harry Keiley.
The California State Teachers’ Retirement System, with a portfolio valued at $161.5 billion as of February 28, 2013, 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. For 100 years, CalSTRS has served California’s public school educators and their families, who today number 862,000 from the state’s 1,600 school districts, county offices of education and community college districts.