CalSTRS Compensation Committee - January 28, 2026

Compensation Committee, California State Teachers Retirement System · February 5, 2026

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59:35

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15:00

30:00

45:00

59:35

Call to order and roll call

0:28 → 1:08(40s)

Chair Keeley opened the Compensation Committee meeting, requested staff take roll and confirmed a quorum (Brandon recorded members present including Mr. Morris, Ms. Hendricks, Mr. Tang, Ms. Perrault and Ms. Gallegos).

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The CalSTRS Compensation Committee reviewed a labor benchmark study and voted to approve updates to salary ranges while deferring any decision on increasing incentive maximums until more information is provided in March; salary ranges were set to be effective at the CEO's discretion (Feb. 1) and incentive changes were proposed to take effect July 1 with first possible payout in 2027.

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Transcript

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