CalSTRS Member Benefits - Funding the Future

Pensions and Retirement Security 2011: A Roadmap for Policymakers

William Yee — Tue, 08 Mar 2011 17:49:45 +0000

Read the report from the National Institute on Retirement Security.

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Mar. 8, 2012

CIO Provides Investment Overview

William Yee — Thu, 24 Feb 2011 19:02:16 +0000

CalSTRS Chief Investment Officer Chris Ailman gives an overview of the investment portfolio and talks about the role investment returns play in the funding of the system.

Feb. 24, 2012

Board Hears Implications of Funding Scenarios

William Yee — Thu, 24 Feb 2011 18:28:06 +0000

In a presentation to the Teachers’ Retirement Board at the February 2011 meeting, CalSTRS Deputy CEO Ed Derman discussed alternative approaches to increase contributions to the Defined Benefit Program.

Feb. 24, 2012

Arthur Levitt Speaks to Teachers' Retirement Board

Chad Christman — Wed, 17 Mar 2010 16:30:24 +0000

Former SEC Chairman

Mar. 21, 2011

Board Investment Policy

CalSTRS-ca — Mon, 15 Mar 2010 04:23:57 +0000

As a long-term investor, CalSTRS duty is to protect the fund assets through the pursuit of good government and operational accountability.

Mar. 21, 2011

Know the Formula

CalSTRS-ca — Mon, 15 Mar 2010 01:58:17 +0000

Understand the three components that contribute to the CalSTRS defined benefit calculation. Get Started >>

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Mar. 21, 2011

Cost of Waiting

CalSTRS-ca — Mon, 15 Mar 2010 01:42:54 +0000

The longer we wait, the more difficult and costly the funding gap will be to solve. Based on current actuarial assumptions, CalSTRS actuaries project that the Defined Benefit Program will deplete its assets by the early 2040s.

At that time, the state of California—as the plan sponsor—would be obligated to fund benefits on a pay-as-you-go basis. The impact on the state General Fund is estimated in today’s dollars at $9 billion a year.

Mar. 21, 2011

Frequently Asked Questions

CalSTRS-ca — Mon, 15 Mar 2010 01:04:02 +0000

Find answers to the most common questions CalSTRS members are asking.

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Mar. 21, 2011

History of CalSTRS Plan Funding

CalSTRS-ca — Mon, 15 Mar 2010 00:57:41 +0000

Review decisions made to date and current considerations under review, including the contribution rates paid by employers, members and the State of California.

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Mar. 21, 2011

Board Responsibility

CalSTRS-ca — Mon, 15 Mar 2010 00:52:13 +0000

CalSTRS is governed by the Teachers’ Retirement Board, a group of 12 individuals who are appointed and elected. The California Constitution states that the “retirement board shall have the sole and exclusive fiduciary responsibility over the assets of the public pension or retirement system.” Read more »

Mar. 21, 2011