As an April 2007 California State University, Sacramento, study shows, CalSTRS payments to California beneficiaries are a powerful economic engine in each of the state’s 58 counties as well as statewide — building wealth, creating jobs and producing a healthy return for state and local governments.

Economic benefits from CalSTRS payments include:

• Total economic output of $9.23 billion arising from 2006 California benefit payments of nearly $6.03 billion.
• Taxpayer return on every dollar invested in CalSTRS of $6.71 to the local economy and $0.44 to local and state government.
• Local and state government revenue totaling $606.96 million generated by CalSTRS payments.
• $4.49 billion in added value, $2.11 billion in employee compensation and 61,000 jobs added to the state’s economy from CalSTRS payment-generated business activity.
• Greater benefit to small, rural mountain counties relative to their overall economic output.

Policy Report and Full Study Results

• CalSTRS Policy Report (June 2007) CalSTRS Payments Fuel State and Local Economies
• The Annual Economic Impacts of CalSTRS Benefit Payments, April 2007
  • Executive Summary
  • Study results and methodology without county-level data
  • Full report with county-level data

Related News Releases

• CalPERS-CalSTRS Retirees Boost California Regional Economies

Central Coast	Los Angeles	San Diego
Great Valley	Northern California	San Francisco Bay Area
Inland Empire	Sacramento

Related CalPERS Reports

• The Combined Annual Economic Impacts in California of CalPERS and CalSTRS Retirement Income Benefit Payments, April 2007 (related report)
• The Annual Economic Impacts of CalPERS Benefit Payments, April 2007 (related report with county-level data)