In the last of a four-part series, CalSTRS CEO Jack Ehnes talks about working together to keep the system strong and the importance of staying connected with CalSTRS.
Submitted by Gregory Ghica (not verified) on May. 26, 2011.
Very good presentation.! However some numbers would have been very helpful; What is the contribution of the members, what is the contribution of the districts, what is the contribution from the state, and what is the revenue from investments. Of course in percentages.
Also what was the value of the fund in 2000, what was the value in 2008 and I know that now s $153 billions.
I also heard about an 8% investment assumption. Is this assumption still current or has been reduced?
We have posted answers to most of your questions on the Ask Jack portion of this website as others may have similar inquiries. Regarding the investment portfolio market values, they were $112.6 billion and $161.5 billion on June 30 of 2000 and 2008 respectively. The portfolio closed the June 30, 2010, fiscal year valued at $129.8 billion. For more complete investment information, see the Comprehensive Annual Financial Report.
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