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 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.
Use a retirement planning calculator, download a form, login to
your myCalSTRS account, or visit 403bCompare.com or the
403(b) + 457(b) Information Portal.
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?
