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 has developed robust principles, policies and standards for fair and open governance of corporations.
As long-term owners and lenders to corporations around the world, the Teachers’ Retirement Fund's duty is to protect those assets through the pursuit of good governance and operational accountability.
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?