CalSTRS board today voted unanimously to oppose a $500 million cut in...

CalSTRS board today voted unanimously to oppose a $500 million cut in the state's contribution to the fund's inflation-protection account, as proposed by Gov. Gray Davis. "We are standing up for California's teachers," said Gary Lynes, chairman of the $94 California State Teachers' Retirement System, Sacramento. However, the board is open to negotiating either a guaranteed repayment or enhanced benefits, or both, with Mr. Davis.