INSIDE
Legislature Preserves Inflation Protection Program
CalSTRS Joins the Health Care Debate
Post-Retirement Earnings Limitation Increased for 2007-08
CalSTRS Retirees Have Economic Clout
Is a Reverse Mortgage Right for You?
CalSTRS Takes a Stand on Global Warming
Living Green: Do Your Part to Reduce Global Warming
CalSTRS Pursues Final Elk Hills Funds
CalSTRS Mission:
Securing the financial future and sustaining the trust of California’s educators
Teachers’ Retirement Board
Dana Dillon, Chair
Jerilyn Harris, Vice-Chair
Kathy Brugger
John Chiang
Michael Genest
Roger Kozberg
Bill Lockyer
Gary Lynes
Jack O’Connell
Peter Reinke
Beth Rogers
Carolyn Widener
Jack Ehnes
Chief Executive Officer
Christopher J. Ailman
Chief Investment Officer
Katherine K. Evatt
Editor
Statements in this publication are general and the Teachers’ Retirement Law is complex and specific. If a conflict arises between information contained in this publication and the law, any decisions will be based on the law.
CalSTRS Retired Educator is published twice a year for retired members and benefit recipients of the California State Teachers’ Retirement System.
Send your comments or
suggestions to the Editor:
Legislature Preserves Inflation Protection Program
On Friday, June 30, the state Legislature’s Budget Conference Committee acted to protect the Supplemental Benefit Maintenance
Account program by rejecting a proposal put forth in the Administration’s 2007-08 budget....
[read full article]
CalSTRS Joins the Health Care Debate
From Massachusetts to California, state governments are debating health care reform. Joining the debate are presidential candidates, unions and business groups....
[read full article]
Post-Retirement Earnings Limitation Increased
for 2007-08
If you’re like 15 percent of our nearly 182,000 CalSTRS retirees,
you may be working at least part-time in the California public
school system....
[read full article]
CalSTRS Retirees Have Economic Clout
An economic impact study conducted in April 2007 by California State University, Sacramento, shows that CalSTRS payments to California beneficiaries are a powerful economic engine in the state and each of its 58 counties. . .
[read full article]
Thanks to careful, efficient investing and a favorable market,
the CalSTRS investment portfolio continues to build in value.
On December 29, 2006, the CalSTRS portfolio closed the calendar year with a record high year-end value of $157.9 billion....
[read full article]
Is a Reverse Mortgage Right for You?
The equity in your home may be your most valuable financial asset. Thanks to our CalSTRS reverse mortgage program, you may be able to access that equity to supplement your retirement income or meet your financial needs...
[read full article]
CalSTRS Takes a Stand on Global Warming
The world won’t soon forget the widespread destruction of the 2005 Atlantic hurricane season, which resulted in more than 2,000 deaths and record damages of over $100 billion. ...
[read full article]
Living Green: Do Your Part to Reduce Global Warming
Small changes in your daily life can reduce carbon emissions and save you money, too....
[read full article]
Consistent with our mission, CalSTRS advocates in the
legislative arena to ensure continued retirement security for
the state’s educators....
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CalSTRS Pursues Final Elk Hills Funds
CalSTRS continues to pursue the remaining funds due the state from the 1997 sale of the Elk Hills Petroleum Reserve. Those funds go into the Supplemental Benefit Maintenance Account, which provides quarterly payments to older CalSTRS benefit recipients....
[read full article]
