The California State Teachers Retirement System (CalSTRS) Board convened for its regular meeting on September 2 and 4, 2025, with a focus on key administrative updates and public engagement protocols. The meeting began with roll call, confirming the presence of board members, including the director of finance, comptroller, and state treasurer, establishing a quorum for the session.
Chairperson Bradford provided a brief overview of the meeting's structure, emphasizing the importance of public participation. Individuals wishing to address the board were reminded to wait for the designated public comment period, with a maximum speaking time of three minutes per speaker. The chair also noted that comments unrelated to specific agenda items could be made at the end of the open session.
During the meeting, it was reported that since the last board meeting in May, CalSTRS received one email advocating for the inclusion of adult children as optional beneficiaries and another letter from a member requesting improved communication channels for those living abroad. These communications reflect ongoing concerns among members regarding beneficiary options and accessibility.
Following the public comment guidelines, the board moved into a closed session to discuss sensitive matters, including compensation for the Chief Investment Officer (CIO) and Chief Executive Officer (CEO). The board reconvened in open session later, reiterating the importance of transparency and public engagement in their decision-making processes.
In closing, Chairperson Bradford acknowledged the attendance of members and the recent technological upgrades in the boardroom, which aim to enhance the meeting experience for both board members and the public. The meeting underscored CalSTRS' commitment to addressing member concerns and maintaining open lines of communication. Further discussions and decisions are anticipated in future sessions as the board continues its work.