WEST SACRAMENTO, Calif. – California State Teachers’ Retirement System’s (CalSTRS) eighth annual Green Initiative Task Force 2014 Annual Report shows an almost 300 percent increase in green bond purchases within the Fixed Income portfolio. This year, the Teachers’ Retirement Board identified sustainable investing as a key, strategic priority, which is reflected in the report and other initiatives.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System’s (CalSTRS) Chief Executive Officer Jack Ehnes expressed his sadness at the passing, on Tuesday November 4, of former CalSTRS CEO Jim Mosman in his longtime hometown of Sacramento. Mr. Mosman led CalSTRS for 12 years from 1988 until 2001.
CalSTRS provides retirement, disability and survivor benefits for full-time and part-time California public school educators through a hybrid retirement system consisting of its Defined Benefit, Defined Benefit Supplement and Cash Balance Benefit programs, and a voluntary defined contribution plan called CalSTRS Pension2.
CalSTRS shares your retirement goal—a secure financial future. It is important to gather enough information and resources from CalSTRS to assist you throughout your career as you transition into retirement.
CalSTRS has decided to suspend new mortgage originations through its Home Loan Program because current market conditions do not favor more competitive products beyond what is already available to our members on the open market.
CalSTRS remains committed to the Home Loan Program, however, current conditions make its re-launch impractical. CalSTRS is striving to offer our members unique financial products while maintaining the Home Loan Program as a viable investment vehicle for the fund. These are two vital conditions for keeping the program running.
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