CalSTRS Outlook

Making Sense of the Headlines
Volume 5, No. 9

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

Ask Jack Jack Ehnes

If I make a preretirement election and choose the 100% Beneficiary Option and die before I retire, what amount does my spouse receive?

When you are eligible to retire, you may make a preretirement election of an option to provide a monthly lifetime income for another person or persons if you should die before retirement.

When you elect an option, your monthly retirement benefit will be reduced from the Member-Only Benefit. The percentage of the reduction is based on the option you elect, your age and your beneficiary’s age at the time you elect an option.

News release Gretchen Zeagler

CalSTRS Commits to Increase in Clean Energy and Technology Investments
Effort comes as sign of solidarity for climate change policy

WEST SACRAMENTO, Calif. – California State Teachers’ Retirement System (CalSTRS) Chief Executive Officer Jack Ehnes, announced plans to increase current clean energy and technology investments of $1.4 billion to $3.7 billion over the next five years in an effort to increase low-carbon investments. The move is in response to United Nations Secretary-General Ban Ki-moon’s call for bold action to reduce carbon emissions and build resilience to the impacts of climate change ahead of the United Nations Climate Summit on September 23, 2014.