WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System (CalSTRS) received its final $15.6 million payment of compensation from the 1997 sale of the Elk Hills Naval Petroleum Reserve as part of the $1.1 trillion budget appropriation bill signed into law today by the President.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System’s (CalSTRS) Corporate Governance 2014 Annual Report shows its engagement with small-cap companies yielded remarkable progress in the adoption of majority voting standards for the election of corporate directors.
The Corporate Governance 2014 Annual Report reflects four years of work with small-cap companies—those with a capitalization of $2 billion or less—to adopt the majority-vote standard. The standard requires directors to receive a majority of shareholder support to be elected to the board.
Because CalSTRS members do not pay into Social Security on CalSTRS earnings, Social Security law may reduce member Social Security benefit.
A webinar from the Social Security Administration explains how members of some public employee and teacher pensions may be affected by the Windfall Elimination Provision and the Government Pension Offset.
On June 10, 2010, CalSTRS presented an audio town hall meeting, Fact or Fiction About Your CalSTRS Pension.
Retired members called in to listen to a presentation from CalSTRS CEO Jack Ehnes and Deputy CEO Peggy Plett. The focus was sorting out fact from fiction surrounding the status of CalSTRS retirement benefits. Members could also ask questions.
On April 30, 2010, CalSTRS held a webinar which began with a discussion by Deputy CEO Peggy Plett of how school furloughs can affect members’ benefits and the accepted methods for reporting furlough earnings to CalSTRS.
Deputy CEO Ed Derman follows up with a discussion of the effect of postretirement employment, earnings limitations and exemptions on retirees’ monthly benefits
On April 30, 2009, CalSTRS presented its first audio town hall meeting, The Economy, CalSTRS Portfolio and You.
More than 600 members called in to listen to a presentation from CalSTRS CEO Jack Ehnes and Deputy CEO Peggy Plett. The focus was the challenging financial climate and the security of the Teachers’ Retirement Fund. Members could also ask questions.
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 business.