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 is currently working on the re-launch of the Home Loan Program. We have selected Mountain West Financial, Inc., headquartered in Redlands, Calif., as the program’s administrative agent. Mountain West Financial will also be a participating lender once the program resumes loan origination activity. Check back here for updates regarding the Home Loan Program.
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?
