WEST SACRAMENTO, Calif. – California State Teachers’ Retirement System (CalSTRS) Chief Executive Officer Jack Ehnes, announced plans to increase current clean energy and technology investments of $1.4 billion to $3.7 billion over the next five years in an effort to increase low-carbon investments. The move is in response to United Nations Secretary-General Ban Ki-moon’s call for bold action to reduce carbon emissions and build resilience to the impacts of climate change ahead of the United Nations Climate Summit on September 23, 2014.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System (CalSTRS) today announced overwhelming corporate governance success during the 2014 proxy season, as 86 of the 93 companies it engaged adopted a majority voting standard in corporate board elections.
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.
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.
Your CalSTRS retirement benefit will replace, on average, about 54 percent of your current salary. Need more for retirement? See the impact of starting a CalSTRS Pension2 savings plan today and the impact waiting just a few years can make.
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.
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