CalSTRS

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14h
Ventura County Star
Life insurance, benefit payments scrutinized in Laut trialJane Laut could have collected nearly $300,000 in insurance and other benefits
Life insurance, benefit payments scrutinized in Laut trial
Ventura County Star / Posted 14 hours ago
Jane Laut could have collected nearly $300,000 in insurance and other benefits following the death of her husband, according to testimony from prosecution witnesses at her murder trial Thursday. One of those who testified in Ventura County Superior... Read more
1d
Business Wire
Fitch Rates Evergreen School District, CA Unlimited Tax GO Bonds 'AAA'; Outlook StableSAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has assigned an 'AAA' rating to t
Fitch Rates Evergreen School District, CA Unlimited Tax GO Bonds 'AAA'; Outlook Stable
Business Wire / Posted yesterday
SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has assigned an 'AAA' rating to the following Evergreen School District (CA) (the district) bonds: --$50 million general obligation (GO) bonds (election of 2014), series 2016. The bonds are expected to... Read more
9 related stories
2d
East Bay Express
BART to Divest from CoalThe Bay Area Rapid Transit System’s board of directors is expected to approve a
BART to Divest from Coal
East Bay Express / Posted 2 days ago
The Bay Area Rapid Transit System’s board of directors is expected to approve a proposal to divest the transit agency’s investment funds from coal at its meeting on Thursday. BART overseas several hundred million dollars in investments, including a... Read more
4d
Orange County Register
Pension peril comes into sharper focusUsually, “Follow the money” is a good starting point when examining government
Pension peril comes into sharper focus
Orange County Register / Posted 4 days ago
Usually, “Follow the money” is a good starting point when examining government operations. Especially concerning pension obligations, one of the more welcome changes in government the past decade has been the adoption of rigorous accounting methods... Read more
4d
The Sacramento Bee
Dumping coal stock was easy, oil not so muchThe decision by the California State Teachers’ Retirement System board last wee
Dumping coal stock was easy, oil not so much
The Sacramento Bee / Posted 4 days ago
The decision by the California State Teachers’ Retirement System board last week to unload its remaining coal holdings was significant, but mostly for its symbolism. As required by legislation carried by Senate President Pro Tem Kevin de León last... Read more
5d
Orange County Register
Women CEOs a scarce O.C. resourceMicrosemi, a major chipmaker, has no women among its highest-paid executives. A
Women CEOs a scarce O.C. resource
Orange County Register / Posted 5 days ago
Microsemi, a major chipmaker, has no women among its highest-paid executives. And none on its board of directors. Until recently, that wasn’t an issue. “Tech companies convinced ourselves, ‘Oh, there are so few engineering-minded females,’” says... Read more
6d
Investopedia
PepsiCo: An Activist Investment Analysis (PEP)Investor activism has been on the rise over the past half-decade, especially am
PepsiCo: An Activist Investment Analysis (PEP)
Investopedia / Posted 6 days ago
Investor activism has been on the rise over the past half-decade, especially among some of America's most noteworthy and famous corporate brands. Names such as Apple, Microsoft, State Street and eBay have all come under pressure from strategic... Read more
7d
Contra Costa Times Newspapers
Daniel Borenstein: Plan to shore up CalSTRS doesn't work as billedTwo years ago, Gov. Jerry Brown pushed through a 32-year plan to shore up the C
Daniel Borenstein: Plan to shore up CalSTRS doesn't work as billed
Contra Costa Times Newspapers / Posted 7 days ago
Two years ago, Gov. Jerry Brown pushed through a 32-year plan to shore up the California State Teachers' Retirement System. He said the state, school districts and teachers would share responsibility to "fully fund" the $74 billion shortfall of the... Read more
7d
Orange County Register
California teachers pension to divest U.S. thermal coal assetsThe California State Teachers’ Retirement System board voted to divest from U.S
California teachers pension to divest U.S. thermal coal assets
Orange County Register / Posted 7 days ago
The California State Teachers’ Retirement System board voted to divest from U.S. companies that produce coal for energy generation because of the industry’s ailing finances and environmental impact. The pension system, with $186.1 billion of assets... Read more
8d
Naked Capitalism
CalPERS, CalSTRS Board Member Betty Yee Asks the SEC to Rescue Public Pension Funds From ThemselvesI’m of two minds in criticizing a letter that California Controller Betty Yee,
CalPERS, CalSTRS Board Member Betty Yee Asks the SEC to Rescue Public Pension Funds From Themselves
Naked Capitalism / Posted 8 days ago
I’m of two minds in criticizing a letter that California Controller Betty Yee, who also sits on the boards of CalPERS and CalSTRS, sent to SEC chairman Mary Jo White about private equity transparency. On the one hand, it’s good to see that Yee... Read more
8d
The Sacramento Bee
CalSTRS agrees to unload U.S. coal stocksCalSTRS’ governing board voted Wednesday to sell its stocks in U.S. coal compan
CalSTRS agrees to unload U.S. coal stocks
The Sacramento Bee / Posted 8 days ago
CalSTRS’ governing board voted Wednesday to sell its stocks in U.S. coal companies, in line with a state law directing California’s pension funds to divest themselves from coal investments. The decision affects $1.5 million worth of stocks in four... Read more
9d
The Record Searchlight
Analyst: California teacher pension changes may need fixSACRAMENTO, Calif. (AP) - California's nonpartisan legislative analyst is recom
Analyst: California teacher pension changes may need fix
The Record Searchlight / Posted 9 days ago
SACRAMENTO, Calif. (AP) - California's nonpartisan legislative analyst is recommending that state lawmakers consider changing a plan they adopted two years ago to stabilize the finances of the state's teacher pension system. The Legislative... Read more
11d
The Sacramento Bee
Shut Up & Write! Movement catches fire in SacramentoShut Up & Write! has become the mantra of hundreds of Sacramento-area scribes a
Shut Up & Write! Movement catches fire in Sacramento
The Sacramento Bee / Posted 11 days ago
Shut Up & Write! has become the mantra of hundreds of Sacramento-area scribes and more than 10,000 individuals nationwide who converge on coffee shops, libraries and other public spaces several times weekly to, yes, shut up and write for an hour at a... Read more
11d
Perth Now
Lack of emission reporting poses risk Fewer than one-third of oil and gas companies report their emissions of power
Lack of emission reporting poses risk
Perth Now / Posted 11 days ago
Fewer than one-third of oil and gas companies report their emissions of powerful greenhouse gas methane through voluntary, publicly available sources, posing a risk to their investors, says a new report. Green... Read more
2 related stories
11d
Adelaide Now
Lack of emission reporting poses risk Fewer than one-third of oil and gas companies report their emissions of power
Lack of emission reporting poses risk
Adelaide Now / Posted 11 days ago
Fewer than one-third of oil and gas companies report their emissions of powerful greenhouse gas methane through voluntary, publicly available sources, posing a risk to their investors, says a new report. Green... Read more
2 related stories
11d
The Courier Mail
Lack of emission reporting poses risk Fewer than one-third of oil and gas companies report their emissions of power
Lack of emission reporting poses risk
The Courier Mail / Posted 11 days ago
Fewer than one-third of oil and gas companies report their emissions of powerful greenhouse gas methane through voluntary, publicly available sources, posing a risk to their investors, says a new report. Green... Read more
2 related stories
16d
The Sacramento Bee
California high-speed rail cost, timing examinedFew features of California politicsanimate people as much as the planned high-s
California high-speed rail cost, timing examined
The Sacramento Bee / Posted 16 days ago
Few features of California politicsanimate people as much as the planned high-speed rail project. Where Gov. Jerry Brown and allies see a way to modernize transportation and fight climate change, Republicans see a costly boondoggle and a perennial... Read more
21d
Orange County Register
Newport-Mesa employee paid an extra $274,000 to delay retirement, documents sayIn an effort to convince a top employee to delay retirement, Newport-Mesa Unifi
Newport-Mesa employee paid an extra $274,000 to delay retirement, documents say
Orange County Register / Posted 21 days ago
In an effort to convince a top employee to delay retirement, Newport-Mesa Unified School District paid him at least an extra $274,000 into a tax-sheltered retirement account over the past six years, according to documents released by a former... Read more
23d
KPBS San Diego
Gun Stocks Up, But Activists Move To Expand Anti-Investment PushAfter years of trying and failing to push new laws through Congress, gun contro
Gun Stocks Up, But Activists Move To Expand Anti-Investment Push
KPBS San Diego / Posted 23 days ago
After years of trying and failing to push new laws through Congress, gun control advocates are targeting American firearms makers from a different angle. "The only thing they really understand is money," says Leah Gunn Barrett, executive director of... Read more
27d
The Sacramento Bee
CalPERS, CalSTRS invest in data centersCalifornia’s two big public pension funds have been on a bit of a buying spree
CalPERS, CalSTRS invest in data centers
The Sacramento Bee / Posted 27 days ago
California’s two big public pension funds have been on a bit of a buying spree lately, adding data centers to their investment portfolios. CalPERS, the California Public Employees’ Retirement System, bought a data center in Chicago this week. The... Read more
27d
Los Angeles Times
Weighing the cost and benefit of divestmentSilicon Valley and the entertainment and biotech sectors have secured Californi
Weighing the cost and benefit of divestment
Los Angeles Times / Posted 27 days ago
Silicon Valley and the entertainment and biotech sectors have secured California's reputation as an investment nirvana. Here's the other side of a coin: the state is a national leader in divestment actions too. California initiatives aimed at... Read more
4 related stories
28d
Orange County Register
Taxpayers can see budget burden only risingAccording to the numbers presented in Gov. Jerry Brown’s fiscal 2016-17 budget
Taxpayers can see budget burden only rising
Orange County Register / Posted 28 days ago
According to the numbers presented in Gov. Jerry Brown’s fiscal 2016-17 budget proposal, California taxpayers will continue to be punished for the mismanagement of the major state pension systems, about which public employee unions couldn’t be... Read more
28d
Contra Costa Times Newspapers
Retiring Orinda superintendent gets pay hikeORINDA -- Retiring Orinda School District Superintendent Joe Jaconette has rece
Retiring Orinda superintendent gets pay hike
Contra Costa Times Newspapers / Posted 28 days ago
ORINDA -- Retiring Orinda School District Superintendent Joe Jaconette has received another base salary increase that could give him an even higher pension payout. Following a reception honoring the superintendent attended by local leaders,... Read more
1m
Paradise Post
PUSD, TAP deal has its issuesLast month the Paradise Unified School District and Teachers of Paradise agreed
PUSD, TAP deal has its issues
Paradise Post / Posted a month ago
Last month the Paradise Unified School District and Teachers of Paradise agreed to a contract by a narrow 3-2 vote. The contract calls for a 9 percent raise. Now, we’re not going into whether or not teachers deserve the raise. Our concerns are in... Read more
m
J Weekly
Legislation calls on California to boycott Israel’s boycottersA bill that would require the state’s enormous pension funds to divest from any
Legislation calls on California to boycott Israel’s boycotters
J Weekly / Posted 1 months ago
A bill that would require the state’s enormous pension funds to divest from any company that boycotts Israel has been introduced in the California Assembly. Assemblyman Travis Allen (R-Huntington Beach) introduced AB 1551, the California-Israel... Read more

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