CalSTRS – California Globe

CalSTRS Announces They Will Vote Against Tesla CEO Elon Musk’s $50 Billion Compensation Package

June 10, 2024 4:33 pmJune 10, 2024 4:33 pm

California State Teachers’ Retirement System (CalSTRS) Chief Investment Officer Christopher Ailman announced on Monday that the group will vote against reinstating a $56 billion pay package to Tesla and SpaceX CEO Elon Musk, becoming the latest entity promising to not...

Bill To Force CalPERS, CalSTRS Divestment from Fossil Fuel Investments Delayed Until Next Year

July 5, 2023 1:56 pmJuly 5, 2023 1:56 pm

A bill to phase out fossil fuel investments in the California Public Employees’ Retirement System (CalPERS) and California State Teachers’ Retirement System (CalSTRS) state public pension funds was delayed until next year earlier this week, giving time to both build...

Bill To Force CalPERS, CalSTRS Divestment from Fossil Fuel Investments Moves To Senate

May 19, 2023 2:28 amMay 19, 2023 2:29 am

A bill to phase out fossil fuel investments in the California Public Employees’ Retirement System (CalPERS) and California State Teachers’ Retirement System (CalSTRS) state public pension funds was passed in the Senate Appropriations Committee Thursday, with the bill next going...

Teacher Pension Fund Betrays Its Mission

May 1, 2023 12:30 pmMay 1, 2023 12:37 pm

If you think that CalSTRS, the behemoth pension system that supports California’s retired teachers, is focused on pensions, you are wrong. The largest teacher-focused pension system in the country is abandoning its core fiduciary role to chase left-wing political goals....

Bill To Force CalPERS, CalSTRS Divestment from Fossil Fuel Investments Passes Second Committee

April 19, 2023 12:34 pmApril 19, 2023 12:34 pm

A bill to phase out fossil fuel investments in the California Public Employees’ Retirement System (CalPERS) and California State Teachers’ Retirement System (CalSTRS) state public pension funds was passed in the Senate Judiciary Committee Wednesday, with the possibility growing that...

Bill To Force CalPERS, CalSTRS to Divest From Fossil Fuel Companies Dies in Assembly Committee

June 23, 2022 4:12 pm

A bill that would have had forced both the California Public Employees’ Retirement System (CalPERS) and the California State Teachers’ Retirement System (CalSTRS) to divest from fossil fuel companies they have invested in died in the Assembly on Wednesday after...

Sonoma County Teachers Strike is Over, but Issues Not Resolved

March 24, 2022 2:28 amMarch 23, 2022 9:37 pm

On March 7, members of the union representing teachers in the Cotati-Rohnert Park Unified School District voted to strike. It began on March 10 and by March 17 it was over. What happened? At first, prospects for a resolution to...