Jack Ehnes, CEO of the California State Teachers’ Retirement System (CalSTRS), will begin his one-year term as president of the National Council on Teacher Retirement (NCTR) today.
In a move that sees the first Californian leading the organization, Ehnes will succeed Jill Bachus, assistant treasurer of the Tennessee Treasury Department.
With combined assets of more than $2 trillion in trust funds, the NCTR serves 68 state, territorial, and local pension systems representing more than 19 million active and retired teachers, non-teaching personnel, and other public employees.
“I’m enthusiastic about the opportunity to serve teachers’ retirement interests nationwide as president of NCTR,” Ehnes said in a statement. “Defined benefit pensions are under attack at every level of government. My key objective as president is to develop NCTR’s capacity to identify and respond to policy and political issues that seek to undermine the retirement security of our nation’s educators.”
In addition to his role at CalSTRS, Ehnes is also currently chairman of the FTSE Environmental Markets Advisory Committee and a member of the FTSE4Good Advisory Committee. Ehnes also serves on the boards of Ceres, the Sustainability Accounting Standards Board Foundation, and the International Foundation of Employee Benefit Plans, Public Employees Board.
Ehnes is also a former board member of the National Institute on Retirement Security and board chair of the Council of Institutional Investors.