CalSTRS Outlook

Making Sense of the Headlines
Volume 4, No. 3

CalSTRS Outlook is an email summary of the latest news releases and other items of interest related to CalSTRS benefits and services.

Blog entry Jack Ehnes

Understanding the CalSTRS Valuation

Every April the Teachers’ Retirement Board adopts the latest actuarial valuation. The actuarial valuation is a snapshot of the CalSTRS fund’s assets and liabilities as of June 30, 2012.

The new valuation shows an increase in the unfunded actuarial obligation or unfunded liability from $64 billion to $70 billion. This increase holds consistent with projections reported in all actuarial valuations since 2003.

News release Ricardo Duran

CalSTRS Divests of Certain Firearms Holdings
Investment Committee completes divestment process from assault weapons manufacturers in accordance with the CalSTRS 21 Risk Factors.

CalSTRS Divests of Certain Firearms Holdings

WEST SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) Investment Committee approved the fund’s divestment from firearms companies that manufacture weapons that are illegal in California.

General Information

CalSTRS: One Mission, 100 Years

CalSTRS was founded in 1913 with 120 retired members and 15,000 active members. One hundred years later, CalSTRS remains committed to its mission to secure the financial future of California’s educators, providing retirement, disability and survivor benefits for 862,000 educators and their families.

Over the last 100 years, CalSTRS hasn’t just kept pace with California’s evolving history; we’ve been an important part of that history.

News release Ricardo Duran

Dana Dillon Re-Elected Chair of CalSTRS Board
Harry Keiley re-elected Vice Chair

WEST SACRAMENTO, CA – The trustees of the California State Teachers’ Retirement System (CalSTRS) announced the re-election of Dana Dillon as chair and Harry Keiley as vice chair of the board for the 2013-2014 term.