WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System (CalSTRS) today announced the opening of its fifth full-service member center in Riverside’s Citrus Tower. Other service centers are located in Santa Clara, Glendale, Irvine and at the CalSTRS headquarters in West Sacramento.
WEST SACRAMENTO, CALIF. – Investment returns at the California State Teachers’ Retirement System (CalSTRS) came in at 4.8 percent gross for the fiscal-year-end 2014-15, belying stronger long-term performance for the educator fund with $191.4 billion in assets as of June 30, 2015.
403bCompare.com was created to help employees of California’s school districts, community college districts and county offices of education make better-informed investment decisions by offering information about:
403(b) plans, available investment options, fees involved and product performance information.
Registered 403(b) vendors’ experience and services for the products supplied.
General retirement planning information and educational materials.
CalSTRS partnered with bWiseGuys, LLC to create the 403(b) + 457(b) Information Portal website. This self-navigation site is designed to help school employees find information about the supplemental retirement savings plans available through their employers.
CalSTRS does not provide health or dental insurance coverage. Under California Education Code sections 7000-7008, school districts, community colleges and county offices of education must offer retiring CalSTRS members and their spouses or registered domestic partners the opportunity to continue their medical and dental insurance at their own cost.
CalSTRS primary focus is the pensions of California educators, but the availability of affordable health care can have a tremendous impact on the ability of members to maintain their standard of living in retirement.
Fast Facts are a quick glimpse into the most current information on CalSTRS membership, investments and funding as of June 30, 2014. For more detailed information see the Comprehensive Annual Financial Report.
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.
The California State Teachers’ Retirement System website has been developed in compliance with California Government Code §11135, which requires that all electronic and information technology developed or purchased by the State of California is accessible to people with disabilities. There are various types of physical disabilities that impact user interaction on the web. Vision loss, hearing loss, limited manual dexterity, and cognitive disabilities are examples, with each having different means by which to access electronic information effectively.