INSIDE
Corporate Governance
Protects Your Pension
Retired Teachers Lend a Helping Hand
CalSTRS Board Votes on Comprehensive Funding Strategy
2007 Pay Dates to Keep All Year
Important Tax Information Coming in Your 2006 Form 1099-R
Retired Members May be Eligible for Option and Annuity Changes
Medicare Premiums Increased January 1, 2007
Reverse Mortgages Now Available Through Countrywide Bank
CalSTRS Mission:
Securing the financial future and sustaining the trust of California’s educators
Teachers’ Retirement Board
Carolyn Widener, Chair
Dana Dillon, Vice-Chair
Kathy Brugger
John Chiang
Michael Genest
Jerilyn Harris
Roger Kozberg
Bill Lockyer
Gary Lynes
Jack O’Connell
Peter Reinke
Beth Rogers
Jack Ehnes,
Chief Executive Officer
Christopher J. Ailman,
Chief Investment Officer
Kathi Rubin
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:
Corporate Governance Protects Your Pension
Some say corporate greed has become as American as big business, Wall Street and the stock market. Such a negative conclusion is not entirely true, but it’s the perception many people...
[read full article]
Retired Teachers Lend a Helping Hand
The average teacher who retired in 2005 dedicated 26 years of his or her life to California’s students. For many of them, that dedication did not end when they left the classroom...
[read full article]
CalSTRS Board Votes on Comprehensive
Funding Strategy
Harvey Cox wisely wrote, "Not to decide is to decide." But important decisions are seldom easy to make. Only after long months of deep study, thoughtful debate and significant input from members did the CalSTRS trustees decide...
[read full article]
2007 Pay Dates to Keep All Year
Here are the CalSTRS pay dates for 2007. These are the dates when your benefit check should be available electronically at your bank or in your mailbox...
[read full article]
The CalSTRS portfolio has reached a record high of more than $153 billion. This is a robust gain of $10.6 billion just five short months after the end of the fiscal year...
[read full article]
Important Tax Information Coming in Your 2006
Form 1099-R
You will soon receive in the mail your 2006 Form 1099-R, which includes all payments made to you by CalSTRS in 2006. You need this form to complete your 2006 tax return...
[read full article]
Retired Members May be Eligible for Option and
Annuity Changes
When you retired, you may have elected an option, which will provide an ongoing monthly benefit to a loved one after your death.
Based on a survey of our members and analyses of other retirement systems, CalSTRS has reduced the complexity of the option choices ...
[read full article]
Medicare Premiums Increased January 1, 2007
In mid-September, the federal Department of Health and Human Services announced that Medicare premiums would be increasing effective January 1, 2007...
[read full article]
Reverse Mortgages Now Available Through
Countrywide Bank
As an advantage to our members, CalSTRS offers a comprehensive home loan program. We are pleased to announce that our relationship with Countrywide Bank now includes reverse mortgages for CalSTRS members and their parents...
[read full article]
