Public Meeting Notices and Agendas

Calendar Year: 2023 2022 2021 2020 Meeting Agenda: Please select March 2022 Board Meeting January 2022 Board Meeting    Unless otherwise specified, meetings will be held at the following location: Web Conference     *** Public Meeting Notice *** All meeting times are approximate depending upon the end of the previous meeting. Board Meeting Video Archive Beginning December 2010, video of past board meetings are available in the Teachers’ Retirement Board Video Archive. March 03, 2022 Investment Committee  -  9:00 am Meeting location: Web Conference Item Title Session Type Presenter 1 Approval of Committee Agenda Open Action Chairperson 2 Opportunities for Statements from the Public Open Informational Chairperson 3a Open Session Semi Annual Performance Reports a. Receive General Consultant – Semi-Annual Performance Report, Period Ending December 31, 2021 Open Informational Stephen McCourt and Mika Malone/ Meketa Investment Group 3b Open Session Semi Annual Performance Reports b. Receive Real Estate – Semi-Annual Performance Report, Period Ending September 30, 2021 Open Informational Taylor Mammen and Ben Maslan/ Robert Charles Lesser & Co. 3c Open Session Semi Annual Performance Reports c. Receive Private Equity – Semi-Annual Performance Report, Period Ending September 30, 2021 Open Action John Haggerty and Steve Hartt/ Meketa Investment Group 4 Chief Investment Officer’s Report – Open Session Open Informational Christopher Ailman 5 Collaborative Model Pillars Update Open Consent/Information Chairperson 6 Investment Services – Collaborative Model 2.0 Open Consent/Information Chairperson 7 Approval of Minutes of the January 27, 2022, Investment Committee Meeting – Open Session Open Consent/Action Chairperson 8 Review of Information Requests Open Informational Chairperson 9 Draft Agenda for the Next Committee Meeting Open Informational Chairperson 10a Closed Session Semi – Annual Performance Reports a. Receive General Consultant – Semi-Annual Performance Report, Period Ending December 31, 2021 (Gov. Code, sec. 11126(c)(16)) Closed Informational Stephen McCourt and Mika Malone/ Meketa Investment Group 10b Closed Session Semi – Annual Performance Reports b. Receive Real Estate – Semi-Annual Performance Report, Period Ending September 30, 2021 (Gov. Code, sec. 11126(c)(16)) Closed Informational Taylor Mammen and Ben Maslan/ Robert Charles Lesser & Co. (RCLCO) 10c Closed Session Semi – Annual Performance Reports c. Receive Private Equity – Semi-Annual Performance Report, Period Ending September 30, 2021 (Gov. Code, sec. 11126(c)(16)) Closed Action John Haggerty and Steve Hartt/ Meketa Investment Group 10d Closed Session Semi – Annual Performance Reports d. Semi-Annual Report on Investment Manager Ratings (Gov. Code, sec. 11126(e)) Closed Informational Investment Staff 11 Tactical Investment Strategy Discussion (Gov. Code, sec. 11126(c)(16)) Closed Informational Investment Staff and Consultants 12 Risk Mitigating Strategies Implementation Update (Gov. Code, sec. 11126(c)(16)) Closed Informational Steven Tong and Jeffrey Jaro 13 Confer with and Receive Advice from Legal Counsel Regarding Pending Litigation (Gov. Code, sec. 11126(e)) Closed Informational Brian J. Bartow 14 Approval of Minutes of the January 27, 2022, Investment Committee Meeting – Closed Session (Gov. Code, sec 11126) Closed Consent/Action Chairperson NOTE:  Items designated for information are appropriate for committee action if the committee wishes to take action. Items on the agenda of board committees may be referred to the board for discussion and possible action. Agenda items may be taken out of order with the approval of the Chairperson. Board members who are not members of the committee may attend and observe but may not participate in the discussion of agenda items.   Audits & Risk Management Committee  -  2:00 pm Meeting location: Web Conference Item Title Session Type Presenter 1 Approval of Committee Agenda Open Action Chairperson 2 Approval of Minutes of the November 4, 2021, Audits and Risk Management Committee – Open Session Open Consent/Action Chairperson 3 2021 Management Letter Progress Report Open Consent/Action Chairperson 4 Financial Statement Audit Client Service Plan for FY 2021-22 Open Informational Kevin Smith, Jen Aras – Crowe LLP 5 2021 Enterprise Compliance Services Plan Final Progress Report Open Informational Cheryl Dietz 6 2021 Internal Audit Plan Final Progress Report Open Informational Larry Jensen & Roseanne Oyoung 7 Fiscal Year 2022-23 Meeting Work Plan Open Informational Larry Jensen 8 Committee Education: Overview of New Audit Standards and Report Requirements Open Informational Kevin Smith, Jen Aras – Crowe LLP 9 Review of Information Requests Open Informational Chairperson 10 Draft Agenda for the Next Committee Meeting Open Informational Chairperson 11 Opportunity or Statements from the Public Open Informational Chairperson NOTE:  Items designated for information are appropriate for committee action if the committee wishes to take action. Items on the agenda of board committees may be referred to the board for discussion and possible action. Agenda items may be taken out of order with the approval of the Chairperson. Board members who are not members of the committee may attend and observe but may not participate in the discussion of agenda items.   March 04, 2022 Regular Meeting  -  9:00 am Meeting location: Web Conference Item Title Session Type Presenter 1 Approval of Agenda Open Action Chairperson 2 Chief Executive Officer Report Open Informational Cassandra Lichnock 3 State and Federal Legislation - REVISED Open Action Joycelyn Martinez-Wade 4 CalSTRS Strategic Plan 2022-25 Open Informational Amy McDuffee, Mosaic Governance Advisors / Cassandra Lichnock 5 Report and Recommendations for Long-Term Incentive Plan Open Informational Melissa Norcia 6 Enterprise Risk Management Report Open Informational Julie Underwood 7a Committee Reports 1) Investment Committee 2) Appeals Committee 3) Audits and Risk Management Committee 4) Benefits and Services Committee 5) Board Governance Committee 6) Compensation Committee Open Consent/Action Chairperson 7b Approval of Minutes of the January 28, 2022, Regular Meeting - Open Session - REVISED Open Consent/Action Chairperson 7c Board Member Education - REVISED Open Consent/Action Chairperson 7d Contracts Requiring Board Approval Open Consent/Action Chairperson 8 Items Referred by Committee for Board Decision Open Informational Chairperson 9 New Business / Review of Information Requests Open Informational Chairperson 10 Draft Agenda for Next Meeting Open Informational Chairperson 11 Opportunity for Statements from the Public Open Informational Chairperson 12 Approval of Minutes of the January 28, 2022, Regular Meeting – Closed Session (Gov. Code, sec. 11126) Closed Consent/Action Chairperson 13 Committee Reports (Gov. Code, Sec. 11126) Closed Consent/Information Chairperson 14 Report on Cybersecurity (Gov. Code, sec. 11126(c)(18)(A)) Closed Informational Scott Tirapelle 15 Chief Executive Officer Briefing on Performance and Personnel Issues (Gov. Code, sec. 11126(a), (b), (g)) Closed Informational Cassandra Lichnock 16 Confer with and Receive Advice from Legal Counsel Regarding Pending Litigation (Gov. Code, sec. 11126(e)) Closed Informational Brian J. Bartow NOTE:  Items designated for information are appropriate for board action if the board wishes to take action. Agenda items may be taken out of order with the approval of the Chairperson.   March 07, 2022 Appeals Committee  -  1:30 pm Meeting location: Web Conference Item Title Session Type Presenter 1 Approval of Committee Agenda Open Action Chairperson 2 Approval of Minutes for the August 31, 2021, Appeals Committee Meeting – Open Session Open Consent/Action Chairperson 3 Retirement Readiness: Service Delivery and Member Education of Appeals-Related Issues Open Informational Kaitlin DuBray and Lan Le 4 Education: Overview of Precedential Decisions and Designation Process Open Informational Reina G. Minoya 5 Staff Report Open Informational Reina G. Minoya 6 Review of Information Requests Open Informational Chairperson 7 Opportunity for Statements from the Public Open Informational Chairperson 8 Approval of Minutes for the August 31, 2021, Appeals Committee Meeting – Closed Session (Gov. Code, sec. 11126) Closed Consent/Action Chairperson 9 Confer with Legal Counsel Regarding Pending Litigation (Gov. Code, Sec. 11126(e)) Closed Informational Reina G. Minoya NOTE:  Items designated for information are appropriate for committee action if the committee wishes to take action. Items on the agenda of board committees may be referred to the board for discussion and possible action. Agenda items may be taken out of order with the approval of the Chairperson. Board members who are not members of the committee may attend and observe, but may not participate in the discussion of agenda items.   PowerPoint Presentations   Item Title Session Type Presenter 1 Investment Committee - Item 3b - Open Session Semi Annual Performance Reports, Receive Real Estate – Semi-Annual Performance Report, Period Ending September 30, 2021 Open Informational Taylor Mammen and Ben Maslan/ Robert Charles Lesser & Co. 2 Investment Committee - Item 4 - Chief Investment Officer’s Report – Open Session Open Informational Christopher Ailman 3 Audits & Risk Management Committee - Item 4 - Financial Statement Audit Client Service Plan for FY 2021-22 Open Informational Chairperson 4 Audits & Risk Management Committee - Item 5 - 2021 Enterprise Compliance Services Plan Final Progress Report Open Informational Cheryl Dietz 5 Audits & Risk Management Committee - Item 6 - 2021 Internal Audit Plan Final Progress Report Open Informational Larry Jensen & Roseanne Oyoung 6 Audits & Risk Management Committee - Item 8 - Committee Education: Overview of New Audit Standards and Report Requirements Open Informational Kevin Smith, Jen Aras – Crowe LLP 7 Regular Meeting - Item 5 - Melissa Norcia - Report and Recommendations for Long-Term Incentive Plan Open Informational Melissa Norcia 8 Regular Meeting - Item 6 - Enterprise Risk Management Report Open Informational Julie Underwood 9 Appeals Committee - Item 3 - Retirement Readiness: Service Delivery and Member Education of Appeals-Related Issues Open Informational Kaitlin DuBray and Lan Le 10 Appeals Committee - Item 4 - Education: Overview of Precedential Decisions and Designation Process Open Informational Reina G. Minoya NOTE: