The trustees on the operating boards work largely through committees, which meet frequently and shape policy for CREF, TIAA-CREF Funds, TIAA Separate Account VA-1 and the TIAA-CREF Life Funds. They oversee operations and propose actions to each full board.

All TIAA-CREF Funds Committees consist of independent trustees. Memberships listed below are effective July 1, 2013.

TIAA-CREF Funds Executive Committees

Act on behalf of the boards between meetings of the full Board

Current members: Howell E. Jackson (chair), Nancy A. Eckl, Bridget A. Macaskill, and Maceo K. Sloan.

TIAA-CREF Funds Executive Committees Charter

TIAA-CREF Funds Investment Committees

  • Perform oversight functions for the Boards regarding the investment process and investment policies of the Funds
  • Review and set guidelines for the investment strategy of each Fund
  • Review the Funds’ investment performance, portfolio management dividend policy, cash flow and securities lending activities

Current members: Forrest Berkley (chair), Nancy A. Eckl, Michael A. Forrester, Nancy L. Jacob, Howell E. Jackson, Thomas J. Kenny, Bridget A. Macaskill, James M. Poterba, Maceo K. Sloan, and Laura T. Starks.

TIAA-CREF Funds Investment Committees Charter

TIAA-CREF Funds Corporate Governance and Social Responsibility Committees

  • Recommend corporate social responsibility and corporate governance policies relating to companies other than Funds
  • Establish policies and guidelines for the voting of proxies held by the Funds, the submission of shareholder resolutions, and communications with portfolio companies

Current members: James M. Poterba (chair), Michael A. Forrester, Howell E. Jackson, and Laura T. Starks.

TIAA-CREF Funds Corporate Governance and Social Responsibility Committees Charter

TIAA-CREF Funds Audit and Compliance Committees

  • Assist the Boards in oversight for financial and operational reporting, internal control and compliance with laws, regulations and ethics policy
  • Approve and oversee independent auditors and evaluate their independence and effectiveness
  • Review financial reporting practices to assure the Funds are in compliance with applicable laws and regulations

Current members: Nancy A. Eckl (chair), Forrest Berkley, Michael A. Forrester, James M. Poterba, and Maceo K. Sloan.

TIAA-CREF Funds Audit and Compliance Committees Charter

TIAA-CREF Funds Operations Committees

  • Oversee operational matters of the Funds, including
    • Contracts with third-party service providers and investment advisors
    • Certain legal, compliance and finance matters
    • Marketing and distribution of the Funds
  • Responsible for reviewing portfolio transactions and trading, Funds' pricing, registration statements and disclosures, finance matters and inter-company arrangements

Current members: Bridget A. Macaskill (chair), Howell E. Jackson, Nancy L. Jacob, Thomas J. Kenny, and Laura T. Starks.

TIAA-CREF Funds Operations Committees Charter

TIAA-CREF Funds Nominating and Governance Committees

  • Promote the best interests of the Funds and their shareholders by implementing sound governance policies and practices
  • Make recommendations concerning the nomination of trustees, committee structure, composition and effectiveness
  • Conduct regular evaluations of board performance
  • Periodically review the Funds’ governance policies and practices to ensure that they are consistent with sound governance

Current members: Nancy L. Jacob (chair), Michael A. Forrester, Howell E. Jackson, Bridget A. Macaskill, Maceo K. Sloan, and Laura T. Starks.

TIAA-CREF Funds Nominating and Governance Committees Charter

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