CalSTRS has conducted an assessment of AB 340, the California
Public Employees’ Pension Reform Act of 2013, and its impact on
CalSTRS members and operations and outlined key changes.
The legislative efforts supported by the Teachers’ Retirement
Board during each session of the California Legislature are
consistent with CalSTRS’ goals to:
This year CalSTRS celebrates a century of securing the financial
future and sustaining the trust of California’s educators.
Delivering on our promise of a secure retirement educators can
count on year in and year out for 100 years is an accomplishment
we are proud to celebrate with you.
This page outlines how CalSTRS handles pension spiking, what
we’ve done recently to improve our prevention, detection and
resolution of suspected incidents of spiking, and how we intend
to continue improving our capabilities.
CalSTRS is the largest teachers’ retirement system and second largest public pension fund in the nation. A world-class financial services institution and state agency, our unique organizational culture emphasizes customer service, leadership and respect for our members and our colleagues.
CalSTRS Business Plan provides essential information on
the current fiscal year, including the strategy map, the
Teachers’ Retirement Board priorities and planned
outcomes. CalSTRS Strategic Plan is a guide for the
future of CalSTRS as an organization.
Fast Facts are a quick glimpse into the most current information on CalSTRS membership, investments and funding as of June 30, 2012. For more detailed information see the Comprehensive Annual Financial Report.
Your retirement benefit is based on a formula (Service Credit x
Age Factor x Final Compensation = Member-Only Benefit). How
confident are you in your understanding of how this formula
determines your Member-Only Benefit amount?