WEST SACRAMENTO, Calif. – Consistent with its commitment to ensuring a financially sound retirement system, the California State Teachers’ Retirement Board today voted to adopt a new set of actuarial assumptions that reflect members’ increasing life expectancies and current economic trends. Today’s decisions were based on the multi-year CalSTRS Experience Analysis, commonly referred to as the experience study, spanning July 1, 2010, through June 30, 2015.
Cassandra Lichnock is the chief operating officer (COO) of CalSTRS, the largest educator-only pension fund in the world. CalSTRS administers a hybrid retirement system, consisting of a traditional defined benefit, cash balance and defined contribution plans, as well as disability and survivor benefits. CalSTRS serves more than 914,000 members and benefit recipients. CalSTRS administers retirement benefits for California’s public school educators in grades kindergarten through community college.
Brian Bartow is the general counsel of CalSTRS, the largest educator-only pension fund in the world. He is the primary legal adviser to the Teachers’ Retirement Board and heads the fund’s Legal Services team, as well as its Office of Ethics and Compliance, Office of Information Security and Community Property Division.
Ashish Jain is the chief technology officer at CalSTRS who oversees five divisions: Enterprise IT Governance, Enterprise IT Solutions & Innovation, IT Infrastructure & Operations, Pension Solution, and Project Management Program.
Lisa Blatnick is the chief of administrative services at CalSTRS, the largest educator-only pension fund in the world. Ms. Blatnick is responsible for the activities in the Facilities Management and Procurement, and Human Resources divisions.
Grant Boyken is the Public Affairs Executive Officer at CalSTRS, the largest educator-only pension fund in the world. Mr. Boyken provides strategic leadership and oversight over CalSTRS External Affairs, Communications, and Governmental Relations divisions.
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