CalSTRS Outlook

Making Sense of the Headlines
Volume 5, No. 4

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

Proposed Funding Plan is Reasonable and Responsible

Since the release of the Governor’s revised budget proposal, considerable discussion on a potential funding plan for CalSTRS fills social media and news networks. The possibility of a funding plan comes as welcome news.

Related: CalSTRS Responds to Revised Budget Plan

Video

California Educators – Dr. Genevieve Shepherd

CalSTRS celebrates and honors its dedicated members. In this first of an ongoing series of member profiles, we spend a day with 55-year CalSTRS member Dr. Genevieve Shepherd, principal at Tom Bradley Global Awareness Magnet school in Los Angeles.

Ask Jack Jack Ehnes

Has a determination been made on what the contribution rates increase will be in response to CalSTRS’ $74 billion funding gap? If so when will that information be made available?

Although a plan to address CalSTRS’ approximately $74 billion funding shortfall has yet to be enacted, recent activity suggests one may be forthcoming within the year. For some time CalSTRS has said closing the funding gap can occur through a gradual and predictable increase in contribution rates, fair to all parties involved. However, because the Teachers’ Retirement Board lacks the authority to adjust contribution rates, the Legislature and Governor must act to adopt a plan.

News release Ricardo Duran

CalSTRS Headquarters Wins Outstanding Building of the Year
Building now enters international competition scheduled for June

WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System (CalSTRS) today announced that its West Sacramento headquarters building received The Outstanding Building of the Year (TOBY) Award in the ‘Corporate Facility’ class for the Pacific Southwest region. CalSTRS won the regional award over entries from Greater Phoenix, Nevada, Hawaii and other commercial buildings in California.

Archived Poll

CalSTRS Poll: Your Retirement Progress Report is going paperless. Are you ready?

Beginning in September, your Retirement Progress Report will be available online on myCalSTRS, unless you request to continue receiving it by mail.

Commands