Governor  Dannel P. Malloy

Pension Funds

Voting Summary

Every year at annual meetings, shareholders of public companies vote on a number of issues. These votes are divided into two categories, so-called “management” proposals and “shareholder” proposals.

Management proposals are issues that according to the company’s charter, by-laws, or law must be approved by shareholders. Among these issues are election of the members of the board of directors, changes to corporate documents, and issuance of new stock.

In accordance with the rules of the Securities and Exchange Commission (SEC), a federal regulatory agency, shareholders may also raise issues to be considered by all shareholders at the annual meeting. These issues often include corporate governance issues of the type that have been receiving greater public scrutiny in the wake of corporate scandals in recent years.

Each year prior to the annual meeting, all of the issues, whether initiated by management or shareholders, are listed and explained in a company’s annual proxy materials, which are provided (usually by mail) to all shareholders. Shareholders may review the materials and cast their vote on the issues by returning their proxy voting card to the company prior to or at the annual meeting.

The Connecticut Retirement Plans and Trust Funds (CRPTF) votes on all proxy issues of all companies in its United States domestic portfolio. All votes are in accordance with the CRPTF domestic proxy voting guidelines, which are included in the Investment Policy Statement developed by the Office of State Treasurer and approved by the State’s Investment Advisory Council.

The CRPTF also votes on proxy issues for companies held in its international portfolio. While the rules of proxy voting are somewhat different, based on the laws of the countries where the companies are incorporated and where the stocks are traded, the concepts are similar. The CRPTF also has international proxy voting guidelines, which are also included in the Investment Policy Statement.

The proxy voting guidelines, which have been approved by the state’s independent Investment Advisory Council, are also available on this website.

At Treasurer Nappier’s direction, and in order to provide pension fund beneficiaries and the public with an opportunity to review how the CRPTF votes are cast, all CRPTF domestic and international proxy votes are compiled and reported here on a quarterly basis.

Each vote is listed – first management proposals, followed by shareholder proposals (if any). The votes are FOR, AGAINST, or ABSTAIN.  For domestic companies, the number of shares owned by the CRPTF on the “record date” for the vote is also listed.

The format for the votes for election of the Board of Directors is slightly different. For election of members of the board of directors, the votes are FOR, WITHHOLD, or ABSTAIN,. (Under proxy rules, when a shareholder votes against election of a board member they “withhold” their vote.) Shareholders can vote for the entire slate of directors together – or each person individually. When the shareholder votes for some board nominees, and withholds from others, this is a “split” vote.

View proxy votes of Connecticut Retirement Plans and Trust Funds:

Domestic Companies, Second Quarter, 2017
Domestic Companies, First Quarter, 2017

Domestic Companies, Fourth Quarter, 2016
Domestic Companies, Third Quarter, 2016
Domestic Companies, Second Quarter, 2016
Domestic Companies, First Quarter, 2016

Domestic Companies, Fourth Quarter, 2015
Domestic Companies, Third Quarter, 2015
Domestic Companies, Second Quarter, 2015
Domestic Companies, First Quarter, 2015

Domestic Companies, Fourth Quarter, 2014
Domestic Companies, Third Quarter, 2014
Domestic Companies, Second Quarter, 2014

Domestic Companies, First Quarter, 2014

Domestic Companies, Fourth Quarter, 2013
Domestic Companies, Third Quarter, 2013
Domestic Companies, Second Quarter, 2013
Domestic Companies, First Quarter, 2013

Domestic Companies, Fourth Quarter, 2012
Domestic Companies, Third Quarter, 2012
Domestic Companies, Second Quarter, 2012
Domestic Companies, First Quarter, 2012

Domestic Companies, Fourth Quarter, 2011
Domestic Companies, Third Quarter, 2011
Domestic Companies, Second Quarter, 2011
Domestic Companies, First Quarter, 2011

Domestic Companies, Fourth Quarter, 2010
Domestic Companies, Third Quarter, 2010
Domestic Companies, Second Quarter, 2010
Domestic Companies, First Quarter, 2010

Domestic Companies, Fourth Quarter, 2009
Domestic Companies, Third Quarter, 2009
Domestic Companies, Second Quarter, 2009
Domestic Companies, First Quarter, 2009

Domestic Companies, Fourth Quarter, 2008
Domestic Companies, Third Quarter, 2008
Domestic Companies, Second Quarter, 2008
Domestic Companies, First Quarter, 2008

Domestic Companies, Fourth Quarter, 2007
Domestic Companies, Third Quarter, 2007
Domestic Companies, Second Quarter, 2007
Domestic Companies, First Quarter, 2007

Domestic Companies, Fourth Quarter, 2006
Domestic Companies, Third Quarter, 2006
Domestic Companies, Second Quarter, 2006
Domestic Companies, First Quarter, 2006

Domestic Companies, Fourth Quarter, 2005
Domestic Companies, Third Quarter, 2005
Domestic Companies, Second Quarter, 2005
Domestic Companies, First Quarter, 2005

Domestic Companies, Fourth Quarter, 2004
Domestic Companies, Third Quarter, 2004
Domestic Companies, Second Quarter, 2004
Domestic Companies, First Quarter, 2004

Domestic Companies, Fourth Quarter, 2003
Domestic Companies, Third Quarter, 2003
Domestic Companies, Second Quarter, 2003
Domestic companies, First Quarter, 2003

Domestic Companies, Fourth Quarter, 2002
Domestic Companies, Third Quarter, 2002

International Companies, Second Quarter, 2017
International Companies, First Quarter, 2017

International Companies, Fourth Quarter, 2016
International Companies, Third Quarter, 2016
International Companies, Second Quarter, 2016
International Companies, First Quarter, 2016

International Companies, Fourth Quarter, 2015
International Companies, Third Quarter, 2015
International Companies, Second Quarter, 2015
International Companies, First Quarter, 2015

International Companies, Fourth Quarter, 2014
International Companies, Third Quarter, 2014
International Companies, Second Quarter, 2014
International Companies, First Quarter, 2014

International Companies, Fourth Quarter, 2013
International Companies, Third Quarter, 2013
International Companies, Second Quarter, 2013
International Companies, First Quarter, 2013

International Companies, Fourth Quarter, 2012
International Companies, Third Quarter, 2012
International Companies, Second Quarter, 2012
International Companies, First Quarter, 2012

International Companies, Fourth Quarter, 2011
International Companies, Third Quarter, 2011
International Companies, Second Quarter, 2011
International Companies, First Quarter, 2011

International Companies, Fourth Quarter, 2010
International Companies, Third Quarter, 2010
International Companies, Second Quarter, 2010
International Companies, First Quarter, 2010

International Companies, Fourth Quarter, 2009
International Companies, Third Quarter, 2009
International Companies, Second Quarter, 2009
International Companies, First Quarter, 2009

International Companies, Fourth Quarter, 2008
International Companies, Third Quarter, 2008
International Companies, Second Quarter, 2008
International Companies, First Quarter, 2008

International Companies, Fourth Quarter, 2007
International Companies, Third Quarter, 2007
International Companies, Second Quarter, 2007
International Companies, First Quarter, 2007

International Companies, Fourth Quarter, 2006
International Companies, Third Quarter, 2006
International Companies, Second Quarter, 2006
International Companies, First Quarter, 2006

International Companies, Fourth Quarter, 2005
International Companies, Third Quarter, 2005
International Companies, Second Quarter, 2005
International Companies, First Quarter, 2005

International Companies, Fourth Quarter, 2004
International Companies, Third Quarter, 2004
International Companies, Second Quarter, 2004
International Companies, First Quarter, 2004

International Companies, Fourth Quarter, 2003
International Companies, Third Quarter, 2003
International Companies, Second Quarter, 2003