WEST SACRAMENTO, Calif. – California State Teachers’ Retirement System (CalSTRS) today announced the promotion of Lisa Blatnick to Chief of Administrative Services, an executive position focused, in part, on attaining business goals outlined in CalSTRS 2014-15 fiscal year business plan. Ms. Blatnick’s position was effective August 1, 2014.
WEST SACRAMENTO, Calif. – Continued growth in the equity market, coupled with a bias to U.S. companies, fed a second year of healthy investment returns at the California State Teachers’ Retirement System (CalSTRS), which closed the 2013-14 fiscal year with an 18.66 percent return on its investments.
CalSTRS members do not pay into Social Security for their teaching work. However, you may have paid into Social Security for work you performed outside of the California educational system. Watch this video to discover how two governmental offsets may impact your Social Security benefits.
Members sometimes ask if they can take a refund of the contributions they’ve made to their CalSTRS defined benefit account. While this is allowed, you should carefully consider the consequences before applying for a refund.
This video discusses how to consolidate other retirement accounts like IRA, 401(k), 403(b) and 457’s into a Pension2 account. The video also addresses moving your Defined Benefit Supplement account to Pension2 when retiring.
Electronic privacy is crucial for the ongoing success of the Internet as a convenient means to provide customer service. Your personal information will be used only to conduct CalSTRS-related business.