Another View: CalSTRS is Seeking Predictable Funding
The Sacramento Bee
Since the recession, when the teachers' retirement fund lost $43.4 billion in value, CalSTRS has said the fund cannot invest its way back to financial health. The discussion of CalSTRS' funding situation has picked up steam since, as nonpartisan entities such as the Legislative Analyst's Office and Bureau of State Audits raised similar concerns, often using CalSTRS' analyses and cost projections.
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