WEST SACRAMENTO, Calif. (May 11, 2018) – The trustees of the California State Teachers’ Retirement System yesterday elected Dana Dillon as board chair and Sharon Hendricks as vice chair for the 2018-19 term. The 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 for the largest educator-only pension fund in the world.
WEST SACRAMENTO, Calif. (May 10, 2018) – The Teachers’ Retirement Board today adopted the results of the actuarial valuation for the CalSTRS Defined Benefit Program as of June 30, 2017, reflecting impacts from investment assumption changes while also noting continued progress toward the system’s long-term funding goals.
WEST SACRAMENTO, Calif. (May 9, 2018) – The California State Teachers’ Retirement System today unveiled a plan to prioritize engagement with makers and retailers of firearms that are illegal in California. The plan, approved unanimously by the Teachers’ Retirement Board, authorizes CalSTRS corporate governance staff to make firearms engagement activities a top priority by publicly engaging companies and potentially recommending that the board consider divestment if engagement efforts fail.
Pursuant to Government Code section 11425.60, and the board policy on Designating Precedential Decisions, CalSTRS is authorized to designate all or part of an administratively adjudicated decision as a Precedential Decision when the following criteria are met:
The decision or part of the decision contains a significant legal or policy determination;
The decision or part of the decision reflects a rule of general application; and
The decision or part of the decision relates to a legal or policy issue that is likely to recur in the future.
Once a decision or part of a decision has been designated as a Precedential Decision, it is binding in future administrative adjudications unless CalSTRS rescinds the designation.
Precedential Decisions will be added to the Index of CalSTRS Precedential Decisions, which will be updated not less frequently than annually unless there have been no Precedential Decisions designated since the last update.
Upon recommendation from the Assistant General Counsel, the CalSTRS Teachers’ Retirement Board Appeals Committee may designate an administratively adjudicated decision or part of an administratively adjudicated decision, adopted by the Appeals Committee pursuant to the standards set forth in the Administrative Procedures Act, as a Precedential Decision when certain criteria are met.
Electronic privacy is crucial for the ongoing success of the Internet as a convenient means to provide customer service. Your personal information will be used only to conduct CalSTRS-related business.
The California State Teachers’ Retirement System website has been developed in compliance with California Government Code §11135, which requires that all electronic and information technology developed or purchased by the State of California is accessible to people with disabilities. There are various types of physical disabilities that impact user interaction on the web. Vision loss, hearing loss, limited manual dexterity, and cognitive disabilities are examples, with each having different means by which to access electronic information effectively.