CalSTRS in the News

CalSTRS in the News

Overview

Review recent news articles, reports and other published materials on CalSTRS programs and investments.

Article CIO Magazine, NewsAugust 1, 2019

With 6.8% Return, CalSTRS Narrowly Misses Target

Despite a pendulum market and soaring volatility metrics in late 2018 and spring 2019, the California State Teachers’ Retirement System (CalSTRS) pulled close to its target 7% annual return, clocking in a 6.8% net return at the end of the 12-month period ending June 30.

The nation’s second-largest public pension plan also recorded its highest-ever fund value at $236.9 billion. Previous years recorded valuations of $223.8 billion (2018), $208.7 billion (2017), and $188.7 billion (2016). The pension is approximately 64% funded, and is on a quest to achieve 100% by 2046.

Article Corporate Governance, NewsAugust 26, 2019

Facebook CalSTRS Court Clash

Facebook CalSTRS court clash seeks to reform governance practices. The California Teachers’ Retirement (CalSTRS) Board recently announced it will make a motion to be added as a plaintiff to a pending derivative case against Facebook’s leadership, including CEO/Chairman Mark Zuckerberg in line with the fund’s Corporate Governance Program and Portfolio Policy.

Article West Sac Works, FeatureSummer 2019

Embracing the FUTURE

As CalSTRS begins the new expansion to their flagship building, the organization’s core values became the primary driver for every aspect of its design and use. West Sacramento will now be home to a global leader, setting cutting-edge standards in new fields you’ve probably never even heard of.

NOTE: CalSTRS Headquarters expansion story begins on page 14. The magazine is an outlet of the West Sacramento Chamber of Commerce.