With all the criticism lately of public pension funds it is good to see increasing transparency on several fronts. CalPERS, for example, recently announced they will essentially be posting travel claims. (CalPERS Boosts Transparency: Will Post Travel Expense Claims) Now, CalSTRS has stepped up from live audio streaming to live video streaming and archiving of its meetings on the Web. (CalSTRS Board OKs Video Transmission of Meetings, PlanSponsor.com, 11/5/2010) Hopefully, if the public can see what is going on, both the funds and the public will better understand each other.
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