Blog: Plan Perspective

Plan Perspective: Jack’s Blog

Overview

A perspective on the current and future state of the CalSTRS Defined Benefit Program from CalSTRS CEO, Jack Ehnes.

Blog entry Jack Ehnes

Your CalSTRS Pension Benefits the State Economy

The CalSTRS Defined Benefit pension provides secure retirement income that our retired members and their beneficiaries rely on, but they’re not the only ones. Communities throughout the state also realize an economic benefit from the state’s nearly 214,000 retired educators.

Blog entry Jack Ehnes

Pew Report Examines Pension Funding

The latest report from the Pew Center on the States looks at the funding levels of state public retirement benefits in 2009. The data sample, which was the basis of the study, was taken shortly after we reached the depths of the worst financial crisis since the Great Depression.

Blog entry Jack Ehnes

A Snapshot in Time

At its meeting earlier this month, the CalSTRS board adopted the actuarial valuation of the Defined Benefit Program as of June 30, 2010. The valuation is an annual “snapshot” of the fund’s financial condition.

Blog entry Jack Ehnes

Time for a Reality Check

Recent media reports have brought attention to the funding challenges facing CalSTRS. They inaccurately suggest, however, that CalSTRS is on the brink of running out of funds and cannot meet its obligations.

Blog entry Jack Ehnes

Baby Boomers Are Accounted For

Some of you have expressed concern about the large number of Baby Boomers about to enter retirement and the impact that may have on CalSTRS. Some pension analysts and other pension reform pundits would have you believe that catastrophe is just around the corner, and public pension programs will soon exhaust their assets.

That can’t be farther from the truth at CalSTRS, and here’s why.

Blog entry Jack Ehnes

Webcasts Boost Transparency

CalSTRS is committed to making our operations more transparent and keeping you informed about your CalSTRS benefits and any new developments that may be of interest to you. We want to ensure you have a number of resources and ways to stay connected to CalSTRS.

Blog entry Jack Ehnes

Fall Webinar Online

It was good to speak with active members during our recent Fall Webinar, Perspectives: CalSTRS 2011. Nearly 300 of you joined me online and over the phone as Deputy Chief Executive Officer Peggy Plett and I sorted through the facts and fiction about the security of your pension.

Blog entry Jack Ehnes

Join Me for a CalSTRS Funding Conversation

The best part of my job is meeting and listening to CalSTRS members. I’d like to personally invite you to attend the CalSTRS Perspectives 2011 Webinar tomorrow, Tuesday, Oct. 26 at 4 p.m. This time is especially designed for active members to get the facts and ask questions.

Deputy Chief Executive Officer Peggy Plett and I will separate fact from fiction surrounding your retirement benefit and the long-term funding status of CalSTRS. Expect about 15 minutes of presentation with 25 minutes for your questions.

Blog entry Jack Ehnes

Get the Accurate Pension Picture

Followers of pension funding issues in the media know there are plenty of stories and opinions out there. An ongoing challenge for our staff is to make sure that reported information is factual, and not based on inaccuracies or generalities. We do our best to correct errors as they appear.