Overall Rating Silver - expired
Overall Score 51.35
Liaison Stephanie Del Rosario
Submission Date Sept. 10, 2012
Executive Letter Download

STARS v1.1

California State University, Fullerton
PAE-T2-6: Socially Responsible Retirement Plan

Status Score Responsible Party
Complete 0.25 / 0.25 Elda Moreno
Benefits Manager
HRS: Operations
"---" indicates that no data was submitted for this field

Does the institution offer a socially responsible investment option for retirement plans?:
Yes

A brief description of the socially responsible investment option for retirement plans:

CalPERS is committed to campaign for innovative environmental sustainability. CalPERS is the nation’s largest public pension fund with approximately $237 billion in market assets. It provides retirement benefits to more than 1.6 million State, public school, and local public agency employees, retirees and their families, and health benefits to nearly 1.3 million members. The average CalPERS pension is $2,220 per month. CalPERS – has substantial ESG-related investments including $1.5 billion in private equity clean technology, more than $500 million in an internally-managed public stocks environmental index fund, a successful five-year program that reduced real estate energy use by 20%, continuing engagements with portfolio companies on ESG issues. http://www.calpers.ca.gov

Additional voluntary retirement programs available are offered as 403, 401(k) and 457 plans. The Tax Shelter Annuity Program known as the 403B offers five fund plan sponsors, these are:
--Fidelity Investments, https://nbacctopen.fidelity.com/;
--ING, https://www.ingretirementplans.com/enrollment/
--MetLife, http://www.metlife.com/; TIAA/Cref , http://enroll.tiaa-cref.org/csu/
--TIAA/Cref was named Energy Star® Sustained Excellence Award Winner by the U.S. Environmental Protection Agency’s (EPA) for two consecutive years.
--Valic, http://www.valic.com/_633_130975.html

The Department of Personnel Administration offers the Savings Plus Program, employees can contribute towards a 401(k) or 457 plan http://www.sppforu.com


The website URL where information about the program, policy, or practice is available:
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The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution and complete the Data Inquiry Form.