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On January 25, 2012 CalSTRS Deputy CEO Ed Derman testified before the legislative conference committee on pensions. Mr. Derman provided information on the basics of the CalSTRS hybrid retirement system and benefits of the cash balance plan component.

Governor Brown announced Wednesday the appointment of Michael Lawson and Paul Rosenstiel to the Teachers’ Retirement Board, which oversees the retirement benefits for California’s K-12 and Community College educators covered under CalSTRS.

CalSTRS CEO Jack Ehnes discusses each of the twelve points in Governor Brown’s recent pension reform proposal during the November 2011 Teachers’ Retirement Board meeting.

CalSTRS appreciates that Governor Brown has taken a very important step in addressing the critical and complex issues facing the state’s public pension systems. We look forward to receiving more detail on the proposal and having the opportunity to review it in depth.

CalSTRS appreciates that Governor Brown has taken a very important step in addressing the critical and complex issues facing the state’s public pension systems. We look forward to receiving more detail on the proposal and having the opportunity to review it in depth.