CalSTRS Pension2 is CalSTRS' voluntary defined contribution plan. Pension2 offers the opportunity to invest through tax-advantaged payroll deductions in low cost, flexible 403(b), Roth 403(b) and 457(b) plans for additional retirement savings.
Complements your CalSTRS retirement benefit.
Features low fees and expenses, so more of your money works for you.
Offers tax-advantaged contributions and a variety of investment plans.
Provides objective advice and planning services at no additional cost.
Your CalSTRS retirement benefit will replace, on average, about 62 percent of your current salary. Need more for retirement? See the impact of starting a CalSTRS Pension2 savings plan today and see the difference waiting just a few years can make.
In partnership with TIAA-CREF, a national financial services
organization and the leading provider of retirement services for
professionals in the academic field, Pension2 offers Easy Choice
Portfolios or the option to “build your own” portfolio.
Already have money invested in another 403(b) or 457 account
administered by another company and don’t like the higher fees
and expenses you’re paying? Check out Pension2’s low fees and
expenses. Even 1 percent can make a big difference in your bottom
line over time. Consider rolling over your accounts to Pension2.
The CalSTRS Pension2 watch list details which of our current
investment options we are concerned with and watching closely.
Options placed on the list may, based on our monitoring criteria,
later be removed from the watch list or removed/replaced from our
available investment options.
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