proxy voting process
SWIB analyzes its domestic and international proxy votes solely in the economic and long-term interests of the WRS. The Trustees adopt program policy and proxy voting guidelines that govern SWIB's voting of proxies.
Guidelines are reviewed annually and approved by Trustees. SWIB votes the proxies for all internal assets and assets managed externally through separate accounts, while voting of proxies for any commingled funds is delegated to the external investment manager.
SWIB hires an external proxy voting service to assist in analyzing proxy issues, make vote recommendations based on SWIB's guidelines, and to execute SWIB's vote on its domestic and international proxies.
SWIB's proxy votes are posted on our website after the company's meeting date.