Download All Items
Calendar Year:
Meeting Agenda:   
Unless otherwise specified, meetings will be held at the following location:
CalSTRS, 100 Waterfront Place, West Sacramento, CA.
First Floor Board Room
    *** 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.
November 07, 2018
Compensation Committee  -  8:30 amDownload Meeting Items
ItemTitleSessionTypePresenter
1Approval of Committee Agenda OpenActionChairperson
2Approval of Minutes of the July 18, 2018, Compensation Committee Meeting – Open Session OpenConsent/ActionChairperson
3Disclosure of Incentives for Statutory Positions for the 2017-18 Plan YearOpenConsent/InformationChairperson
4Labor Market Benchmarking Study UpdateOpenInformationalMelissa Norcia
5Incentive Benchmarking Setting ProcessOpenInformationalMelissa Norcia/Luis Navas, Global Governance Advisors/ Neil Rue, PCA/ Stephen McCourt, Meketa
6Evaluate Delegation of AuthorityOpenActionMelissa Norcia
7Review Information RequestsOpenInformationalChairperson
8Draft Agenda for the Next Committee MeetingOpenInformationalChairperson
9Opportunity for Additional Statements from the PublicOpenInformationalChairperson

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 participate in the discussion of agenda items.
 
Client Advisory Committee  -  10:15 am (estimate)
Meeting location:
CalSTRS - American River Room
Download Meeting Items
ItemTitleSessionTypePresenter
1Client Advisory Committee AgendaOpenInformationalGrant Boyken
 
Investment Committee  -  10:15 am (estimate)Download Meeting Items
ItemTitleSessionTypePresenter
1Approval of Committee Agenda/Work PlanOpenActionChairperson
2Approval of Minutes of the September 20, 2018 Investment Committee Meeting – Closed Session (Gov. Code, sec. 11126) ClosedConsent/ActionChairperson
3Confer With and Receive Advice from Fiduciary Counsel and Investment Consultants (Gov. Code, sec. 11126(c)(16)) ClosedInformationalReed Smith, PCA, and Meketa
4Tactical Investment Strategy Discussion (Gov. Code, sec. 11126(c)(16)) ClosedInformationalInvestment Staff and Consultants
5Investment Analysis – Capture Ratio (Gov. Code., sec. 11126(c)(16)) ClosedInformationalDebra Smith, Scott Chan, and Shifat Hasan
6RMS Implementation Update (Gov. Code., sec. 11126(c)(16)) ClosedInformationalSteven Tong and Carrie Lo
7CalSTRS Collaborative Model – Private Equity (Gov. Code., sec. 11126(c)(16)) ClosedInformationalMargot Wirth
8Confer With and Receive Advice from Legal Counsel Regarding Pending Litigation (Gov. Code, sec. 11126(e)) ClosedInformationalBrian J. Bartow
9Consideration of Investment Decisions – Chief Operating Investment Officer – Semi-Annual Report (Gov. Code, sec. 11126 (c) (16)) ClosedInformationalChairperson
10Approval of Minutes of the September 20, 2018, Investment Committee Meeting – Open Session OpenConsent/ActionChairperson
11Corporate Governance Engagement PlanOpenActionAeisha Mastagni
12Corporate Governance Principles UpdateOpenActionAeisha Mastagni
13Divestment Policy – Private PrisonsOpenActionChristopher Ailman
14Chief Investment Officer’s Report – Open SessionOpenInformationalChristopher Ailman
15Annual Investment Cost ReportOpenInformationalDebra Smith
16CalSTRS Collaborative Model – Private Equity Overview - RevisedOpenInformationalMargot Wirth
17CalSTRS Collaborative Model – Inflation Sensitive ImplementationOpenInformationalPaul Shantic and Scott Chan
18Review of Information RequestsOpenInformationalChairperson
19Draft Agenda for the January 30, 2019, Investment Committee MeetingOpenInformationalChairperson
20Opportunity for Statements from the PublicOpenInformationalChairperson
21Investment Insight SpeakerOpenInformationalAeisha Mastagni, Thurman V. White, Jr., Stephanie Ivy, Deborah Harmon, and Edward Powers

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 participate in the discussion of agenda items.
 
November 08, 2018
Audits and Risk Management Committee  -  8:30 amDownload Meeting Items
ItemTitleSessionTypePresenter
1Approval of Committee Agenda OpenActionChairperson
2Approval of Minutes of the July 19, 2018, Audits and Risk Management Committee – Open SessionOpenConsent/ActionChairperson
3Annual Report of Benefit Payment Modifications for FY 2017-18OpenConsent/InformationJulie Underwood
4aCalSTRS Independent Financial Statement Auditor Reports: Independent Auditor’s ReportOpenActionCrowe LLP
4bCalSTRS Independent Financial Statement Auditor Reports: Report to Those Charged with GovernanceOpenActionCrowe LLP
4cCalSTRS Independent Financial Statement Auditor Reports: Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other MattersOpenActionCrowe LLP
52018 Management LetterOpenInformationalLarry Jensen / Julie Underwood
62018 Internal Audit Plan Progress ReportOpenInformationalLarry Jensen/ Cheryl Dietz / Mike Dutil
72019 Internal Audit Plan Risk AssessmentOpenInformationalCheryl Dietz/ Mike Dutil
82019 Internal Audit PlanOpenActionLarry Jensen
9Chief Auditor UpdateOpenInformationalLarry Jensen
10Compliance Director UpdateOpenInformationalDeena Mount
11Review of Information RequestsOpenInformationalChairperson
12Draft Agenda for Next Committee MeetingOpenInformationalChairperson
13Opportunity for Statements from the PublicOpenInformationalChairperson

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 participate in the discussion of agenda items.
 
Regular Meeting   -  11:00 am (estimate)Download Meeting Items
ItemTitleSessionTypePresenter
1Approval of Board Agenda OpenActionChairperson
2Evaluation of Long-Term Facilities Plan AlternativesOpenActionLisa Blatnick / Gisele Geiger / Michael Kremer, Montague DeRose
3Adoption of Proposed 2019-20 Operational Budget OpenActionJulie Underwood / David Muñoz
4Approval of Annual Incentive of Chief Executive OfficerOpenActionChairperson
5Approval of Annual Incentive of Chief Investment OfficerOpenActionChairperson
6IPOC RFP Scope OpenActionChairperson
7Review of CalSTRS Funding Levels and RisksOpenInformationalRick Reed/ David Lamoureux
8Financial Statement ReviewOpenInformationalJulie Underwood / Art Martinez / Bankole Fatunla
9Regulatory Amendments to Format for Monthly Reports (Pension Solution) OpenInformationalGrant Boyken
10Pension Solution UpdateOpenInformationalAshish Jain / Andrew Roth/ Graeme Finley, Grant Thornton LLP
11Approval of Minutes of the September 21, 2018 Regular Meeting - Closed Session (Gov. Code, sec. 11126) ClosedConsent/ActionChairperson
12Committee Reports (Gov. Code, sec. 11126) a. Investment Committee b. Appeals CommitteeClosedConsent/InformationChairperson
13Report on Cybersecurity (Gov. Code, sec. 11126 (c)(18)(A))ClosedInformationalScott Tirapelle
14Annual Board Self-Evaluation (Gov. Code, sec. 11126(a))ClosedInformationalDana Dillon / Amy McDuffee, Mosaic Governance Advisors
15Confer With and Receive Advice from Legal Counsel Regarding Pending Litigation (Gov. Code, sec. 11126(e))ClosedInformationalBrian J. Bartow / Reina Minoya
16Chief Executive Officer Briefing on Performance and Personnel Issues (Gov. Code, sec. 11126(a), (b), (g))ClosedInformationalJack Ehnes
17State and Federal LegislationOpenInformationalGrant Boyken / Joycelyn Martinez-Wade
18Federal Legislative ReviewOpenInformationalJohn Stanton, Hogan Lovells
19Chief Executive Officer ReportOpenInformationalJack Ehnes
20aCommittee Reports 1) Investment Committee 2) Appeals Committee 3) Audits and Risk Management Committee 4) Benefits and Services Committee 5) Board Governance 6) Compensation CommitteeOpenInformationalChairperson
20bApproval of Minutes of the September 21, 2018, Regular Meeting – Open SessionOpenInformationalChairperson
20cBoard Member Education - RevisedOpenInformationalChairperson
20dContracts Requiring Board ApprovalOpenInformationalChairperson
20eSystem Risk Management ReportOpenInformationalChairperson
21Items Referred by Committee for Board DecisionOpenInformationalChairperson
22New Business / Review Information RequestsOpenInformationalChairperson
23Draft Agenda for the Next Board MeetingOpenInformationalChairperson
24Opportunity for Statements from the PublicOpenInformationalChairperson

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.
 
November 09, 2018
Board Governance Committee  -  12:15 pm (estimate)Download Meeting Items
ItemTitleSessionTypePresenter
1Approval of Committee Agenda / Work PlanOpenActionChairperson
2Approval of Minutes of the May 10, 2018, Board Governance Committee Meeting – Open SessionOpenConsent/ActionChairperson
3Fiduciary TrainingOpenInformationalHarvey Leiderman, Reed Smith LLP
4Teachers’ Retirement Board Policy Manual 600H Revision Discussion - RevisedOpenInformationalJill Lukins
5Review of Information RequestsOpenInformationalChairperson
6Draft Agenda for the Next Committee MeetingOpenInformationalChairperson
7Opportunity for Statements from the PublicOpenInformationalChairperson

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 participate in the discussion of agenda items.
 
Benefits and Services Committee  -  2:00 pm (estimate)Download Meeting Items
ItemTitleSessionTypePresenter
1Approval of Committee Agenda OpenActionChairperson
2Approval of Minutes of the September 19, 2018 Benefits and Services Committee Meeting – Open Session OpenConsent/ActionChairperson
32018 Annual Member SurveyOpenInformationalAlisa Dobbins
4Medicare Premium Payment ProgramOpenInformationalDiane Alsup/ Andrew Roth
5Executive Officer ReportOpenInformationalAndrew Roth
6Review of Information RequestsOpenInformationalChairperson
7Draft Agenda for the Next Committee Meeting OpenInformationalChairperson
8Opportunity for Statements from the PublicOpenInformationalChairperson

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 participate in the discussion of agenda items.
 
PowerPoint Presentations  Download Meeting Items
ItemTitleSessionTypePresenter
1Compensation Committee - Item #5 Incentive Benchmarking Setting ProcessOpenInformationalMelissa Norcia/Luis Navas, Global Governance Advisors/Neil Rue, PCA/Stephen McCourt, Meketa
6Investment Committee - Item #14 Chief Investment Officer’s Report – Open SessionOpenInformationalChristopher Ailman
7Investment Committee - Item #15 Annual Investment Cost ReportOpenInformationalDebra Smith
8Investment Committee Item #17 CalSTRS Collaborative Model – Inflation Sensitive ImplementationOpenInformationalPaul Shantic and Scott Chan
9Audits and Risk Management Committee - Item #4 CalSTRS Independent Financial Statement Auditor's ReportsOpenActionCrowe LLP
10Audits and Risk Management Committee - Item #6 2018 Internal Audit Plan Progress ReportOpenInformationalLarry Jensen/Cheryl Dietz/Mike Dutil
11Regular Meeting - Item #3 Adoption of Proposed 2019-20 Operational Budget OpenActionJulie Underwood/David Munoz
12Regular Meeting - Item #7 Review of CalSTRS Funding Levels and RisksOpenInformationalRick Reed/David Lamoureux
13Regular Meeting - Item #8 Financial Statement Review - REVISEDOpenInformationalJulie Underwood/Art Martinez/Bankole Fatunla
14Regular Meeting - Item #10a - Pension Solution UpdateOpenInformationalAshish Jain/Andrew Roth/Graeme Finley, Grant Thornton LLP
15Regular Meeting - Item #10b - Pension Solution UpdateOpenInformationalAshish Jain/Andrew Roth/Graeme Finley, Grant Thornton LLP
17Regular Meeting - Item #18 Federal Legislative ReviewOpenInformationalJohn Stanton, Hogan Lovells
18Board Governance - Item #3 Fiduciary TrainingOpenInformationalHarvey Leiderman, Reed Smith LLP
19Benefits and Services Committee - Item #3 2018 Annual Member SurveyOpenInformationalAlisa Dobbins
20Benefits and Services Committee - Item #4 Medicare Premium Payment ProgramOpenInformationalDiane Alsup / Andrew Roth

NOTE: