WEST SACRAMENTO, Calif. (July 20, 2018) – The California State Teachers’ Retirement System announced that the fund posted a 9.0 percent return (net of fees) for the 2017-18 fiscal year, exceeding the investment assumption of 7.0 percent for the second consecutive year and helping advance the fund towards full funding in the decades ahead. As of June 30, 2018, the total fund value was $223.8 billion.
CalSTRS shares your retirement goal – a secure financial future. Whether you’re just starting your career or you’ve been enjoying it for a while, CalSTRS is here to help you understand the benefits and services available to you.
The first step to take in planning for retirement is to learn more about your CalSTRS benefits by gathering information that will help you create a solid plan for a successful retirement. CalSTRS offers many ways to learn about your benefits, including tools, resources and services to assist you throughout the planning process.
Because you do not pay into Social Security for your CalSTRS-covered employment, you are subject to two federal provisions that may reduce or eliminate your Social Security benefit.
If you are counting on Social Security to supplement your CalSTRS benefit, it’s important that you are aware of how the Government Pension Offset and the Windfall Elimination Provision will affect you.
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.
The California State Teachers’ Retirement System website has been developed in compliance with California Government Code §11135, which requires that all electronic and information technology developed or purchased by the State of California is accessible to people with disabilities. There are various types of physical disabilities that impact user interaction on the web. Vision loss, hearing loss, limited manual dexterity, and cognitive disabilities are examples, with each having different means by which to access electronic information effectively.