CalSTRS Outlook

Making Sense of the Headlines
Volume 5, No. 6

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

News release Michael Sicilia

CalSTRS Reports Second Year of Healthy Investment Returns in 2013-14
Equities fueled second year of double-digit returns

WEST SACRAMENTO, Calif. – Continued growth in the equity market, coupled with a bias to U.S. companies, fed a second year of healthy investment returns at the California State Teachers’ Retirement System (CalSTRS), which closed the 2013-14 fiscal year with an 18.66 percent return on its investments.

News release Ricardo Duran

CalSTRS Opens Member Service Center in Irvine
The center offers Orange County CalSTRS members a full range of retirement services

WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System (CalSTRS) today announced the Monday, June 30, opening of its Irvine Member Service Center. This is the fourth full-service member center, with other service centers in Santa Clara, Glendale and the CalSTRS Headquarters in West Sacramento. 

Ask Jack Jack Ehnes

How does changing school districts within the state of California affect my retirement eligibility and benefits?

CalSTRS is the only pension system for California’s public school and community college educators. All public schools, community colleges and some charter schools participate in the CalSTRS comprehensive hybrid system. Retirement benefits and eligibility for full-time members are the same for all California public schools and do not change from district to district.

Ask Jack Jack Ehnes

Since I retired in June of 2013, does that mean that I will no longer receive a 2 percent annual benefit adjustment?

No, the annual benefit adjustment for anyone who retired on or prior to January 1, 2014 has not changed; nor has the administration of this benefit changed for this population of the CalSTRS membership.