UnitedHealth Group Inc. shareholders defeated all shareholder proposals, according to a preliminary tally announced at the Minnetonka, Minn.-based company's annual meeting today. Shareholders voted 42.2% in favor of a proposal sponsored by the $245.3 billion California Public Employees' Retirement System, Sacramento, seeking access to the corporate proxy statement for shareholders that own 3% of UnitedHealth stock for two years to nominate two directors. The $9 million AFL-CIO Reserve Fund, Washington, sponsored a proposal on performance-based equity compensation that received 41.2% of the vote. Hermes Investment Management, owned by the £38.4 billion BT Pension Scheme, London, sponsored a proposal seeking an advisory vote on executive pay. Shareholders voted 38.9% in favor.