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.
CalSTRS income is derived from member contributions, employing
school district contributions, investment earnings, and
appropriations from the state’s General Fund.
Jack Ehnes is the chief executive officer of the California State
Teachers’ Retirement System. Mr. Ehnes provides leadership for
the largest educator-only pension fund in the world.
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?
