CalSTRS Outlook

Making Sense of the Headlines
Volume 5, No. 5

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

News release Gretchen Zeagler

New Legislation Stabilizes CalSTRS Funding
AB 1469 bridges CalSTRS funding gap through gradual contribution increases

New Legislation Stabilizes CalSTRS Funding

WEST SACRAMENTO, Calif. – Governor Brown’s signing of Assembly Bill 1469 today, enacted as part of the 2014-15 budget, concludes a decade-long effort to bridge CalSTRS’ nearly $74 billion funding gap.

Overview

CalSTRS Funding Plan

Decade-long efforts to bridge the Defined Benefit Program’s funding gap concluded with a plan that puts the CalSTRS Defined Benefit Program on the path to full funding in 32 years. Assembly Bill 1469, enacted as part of the 2014-15 budget, increases member, employer and state contributions over several years and sets the program on a sustainable course.

News release Ricardo Duran

CalSTRS Names Global Equity Director
June Kim will lead CalSTRS largest asset class

WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System (CalSTRS) announced today the selection of June Kim as the Director of Global Equity, CalSTRS’ largest asset class, valued at more than $100 billion. 

Ask Jack Jack Ehnes

Can working summer school count as years of service credit?

How you accumulate service credit depends upon your employment status, specifically whether or not you are a full-time or part-time educator.

Commands