COLLEGE RETIREMENT EQUITIES FUND
(CREF)
SUPPLEMENT NO. 3
dated December 29, 2011
to the Statement of Additional Information dated May 1, 2011 (SAI)
CHANGE TO THE BOARD OF TRUSTEES
Effective December 6, 2011, Mr. Thomas J. Kenny was appointed to the Board of Trustees of CREF. The total number of trustees as set forth in the first sentence under the section of the SAI entitled Board Leadership Structure and Related Matters appearing on page B-22 shall be increased from nine to ten.
The following information should be added to the trustee chart on pages B-24 and B-25 of the SAI.
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Name, Address
and |
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Position(s) |
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Term of Office |
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Principal
Occupation(s) During |
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Number of |
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Other
Directorship(s) |
Thomas J. Kenny |
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Trustee |
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One-year term. Trustee since 2011. |
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Partner (20042010), Managing Director (20022010), Goldman Sachs Asset Management. |
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76 |
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Advisory Director, Goldman Sachs Asset Management; Investment Committee member, College of Mount Saint Vincent; Member, United States Olympics Paralympics Advisory Committee, University of California at Santa Barbara Arts and Lectures Advisory Council; Trustee and Treasurer, Crane County Day School. |
The following should be added to the table on page B-27 of the CREF SAI disclosing the trustees equity ownership in CREF and the TIAA-CREF family of investment companies:
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Name of Trustee |
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Dollar Range of
Equity Securities |
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Aggregate Dollar
Range of Equity Securities in All |
Thomas J. Kenny* |
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None |
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None |
*Mr. Kenny was appointed as a CREF trustee effective December 6, 2011.
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A13371 (12/11) |
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