WEST SACRAMENTO, Calif. (PRWEB) January 14, 2015
Governor Brown announced today the reappointment of Paul Rosenstiel to the Teachers’ Retirement Board, which oversees the retirement benefits for California’s K-12 and community college educators covered under the California State Teachers’ Retirement System (CalSTRS). Mr. Rosenstiel was first appointed to the board in November 2011. He currently serves on the following board committees:
- Chair – Audits & Risk Management Committee
- Vice Chair – Investment Committee
- Benefits & Services Committee
- Board Governance Committee
Mr. Rosenstiel is one of three public members appointed by the Governor to the 12-member board. The appointment is subject to Senate confirmation.
More information about Mr. Rosenstiel’s reappointment is available on the Governor’s website.
Follow this link for information on the full Teachers’ Retirement Board.
The California State Teachers’ Retirement System, with a portfolio valued at $189.7 billion as of November 30, 2014, is the largest educator-only pension fund in the world. CalSTRS administers a hybrid retirement system, consisting of traditional defined benefit, cash balance and voluntary defined contribution plans. CalSTRS also provides disability and survivor benefits. CalSTRS serves California's 868,000 public school educators and their families from the state’s 1,600 school districts, county offices of education and community college districts. Follow us on Twitter @CalSTRS