WEST SACRAMENTO, Calif. (April 15, 2019) – California State Teachers’ Retirement System announced that trustee Sharon Hendricks was elected to the PRI Association Board. As an independent organization, PRI encourages investors to use responsible investment to enhance returns and better manage risks.
Conflicts of interest in the investment advice to workers who roll over their retirement savings from employer-sponsored defined contribution plans into Individual Retirement Accounts add new concern for middle class families coping with dwindling retirement savings. New findings from a report released by the President’s Council of Economic Advisers indicate that conflicted advice adds large and economically meaningful costs to Americans who are saving for retirement.
WEST SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) yesterday announced the election of the three member-representatives to the CalSTRS governing board. The members will each serve a four-year term, which begins January 1, 2016.
WEST SACRAMENTO, Calif. – The board of the California State Teachers’ Retirement System (CalSTRS) today adopted the actuarial valuation of the Defined Benefit Program as of June 30, 2014. The gap between current assets and the obligations facing the system—known as the unfunded actuarial obligation, or funding gap—has shrunk slightly to $72.7 billion—a nearly one billion dollar decrease from the previous years’ $73.67 billion.
Electronic privacy is crucial for the ongoing success of the Internet as a convenient means to provide customer service. Your personal information will be used only to conduct CalSTRS-related business.
The California State Teachers’ Retirement System website has been developed in compliance with California Government Code §11135, which requires that all electronic and information technology developed or purchased by the State of California is accessible to people with disabilities. There are various types of physical disabilities that impact user interaction on the web. Vision loss, hearing loss, limited manual dexterity, and cognitive disabilities are examples, with each having different means by which to access electronic information effectively.