Board Hears Implications of Funding Scenarios

Feb. 24, 2011 William Yee
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Board Hears Implications of Funding Scenarios

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.

What is a UAO?

Mar. 4, 2010 admin
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Understanding the Current Snapshot of the Fund’s Assets and Liabilities

Since 2006, CalSTRS has communicated to members, employers and the Legislature about the projected funding shortfall or unfunded actuarial obligation (UAO). The shortfall is based on an actuarial valuation, which is a snapshot of the fund’s assets and liabilities.