The Comprehensive Annual Financial Report of the California State Teachers’ Retirement System, for the fiscal year ended June 30, 2014, reflects the collaborative effort of CalSTRS staff under the leadership of the Teachers’ Retirement Board. Once again they produced an outstanding report.
CalSTRS continues to be a leader in investment diversity and sustainability. CalSTRS is successful because of the diligent efforts of staff, advisors, organizations and many others who are dedicated to the financial welfare of California’s educators. To all of you and our members I say, thank you.
Detailed data on CalSTRS membership in the Teachers’ Retirement Fund including: Defined Benefit, Defined Benefit Supplement and Cash Balance Benefit programs. Detailed data on Pension2 and Medicare Premium Payment programs.
CalSTRS made a non-substantial change to the CAFR Schedule of Aggregate Pension Amounts for Employers and Nonemployer Contributing Entity, page 124.
The Total Pension Expense amount CalSTRS included in Other Pension Information (OPI) was net of current year employer and state contributions as reported in CalSTRS Statement of Changes in Fiduciary Net Position and did not include other adjustments required of employers under GASB 68.
To reduce the risk of misinterpretation, CalSTRS is re-stating the OPI for the year ending June 30, 2014.
Electronic privacy is crucial for the ongoing success of the Internet as a convenient means to provide customer service. Your personal information will be used only to conduct CalSTRS-related business.
The California State Teachers’ Retirement System website has been developed in compliance with California Government Code §11135, which requires that all electronic and information technology developed or purchased by the State of California is accessible to people with disabilities. There are various types of physical disabilities that impact user interaction on the web. Vision loss, hearing loss, limited manual dexterity, and cognitive disabilities are examples, with each having different means by which to access electronic information effectively.