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 is administered by a 12-member Teachers' Retirement Board. The board sets the policies and makes rules for the system and is responsible for ensuring benefits are paid by the system in accordance with law.
The CalSTRS Teachers’ Retirement Board includes three
member-elected positions representing current educators, an
appointed retired CalSTRS member, three appointed public
representatives, an appointed school board representative and
four members who serve in an ex-officio capacity.
CalSTRS Campaign Contribution Regulations underscore CalSTRS
commitment to operate at the highest ethical level, and to guard
against the appearance of “pay to play” on investment decisions.
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?
