The California State Teachers’ Retirement System (CalSTRS) was
established by law in 1913 to provide retirement benefits to
California’s public school educators. The market value of the
CalSTRS Investment Portfolio was approximately $233.9 billion as
of April 30, 2019.
CalSTRS’ Technology Services branch, with over 200 staff, is
responsible for operating a portfolio of approximately 135 IT
systems/applications related to the pension administration for
close to one million benefit recipients. We make over one billion
benefit payments per month to these beneficiaries.