TRS Logo
Meeting Summaries

Below are summaries of the major actions taken by the Teachers' Retirement Board at its scheduled Board Meetings. Also provided below are full transcripts of the public sessions of Board Meetings and TRS Investment Meetings (held by the Board's Finance Committee). Other investment actions taken by the Board are also published after they take effect.

2018 Meeting Summaries

March 2018

Board Meeting: March 15

At this meeting, a quorum was present, and the Board took the following actions:

  • Authorized the Comptroller of the City of New York to invest certain portions of the Contingent Reserve Fund, the Pension Reserve Fund, the Annuity Savings Fund, and the Annuity Reserve Fund for a three-month period, terminating on March 31, 2018.
  • Authorized the Comptroller of the City of New York to invest the net contributions derived from the Fixed portion of the Tax-Deferred Annuity Program for a three-month period terminating on March 31, 2018.
  • Authorized submission of a voucher to the State Comptroller, in an amount determined by the Actuary, seeking reimbursement for carrying out the provisions related to Chapter 41 of the Laws of 2016.
Investment Meeting: March 1

February 2018

Board Meeting: February 15

At this meeting, a quorum was present, and the Board took the following action:

  • Authorized the board to initiate a process to determine a prudent strategy that responsibly reduces our portfolio's exposure to carbon risk in general and specifically to fossil fuel reserve owners' securities, and mitigates financial risks resulting from climate change consistent with our fiduciary duty.
Investment Meeting: February 1

January 2018

Board Meeting: January 18 

The Teachers' Retirement Board met on January 18, 2018. At this meeting, a quorum was present, and no major actions were taken.