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.
Resources include Investment and Corporate Governance policies, financial publications, member demographics and the Teachers’ Retirement Board and CalSTRS background materials.
CalSTRS is the largest educator-only pension fund in the world
with assets totaling approximately $167.2 billion as
of April 30, 2013. The investment portfolio is broadly
diversified into six asset categories.
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?
