CalSTRS Outlook

Making Sense of the Headlines
Volume 4, 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 Releases First Annual Corporate Governance Report
Overview of shareholder activism seeks to increase shareholder value over time.

WEST SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) has released the Corporate Governance 2013 Annual Report, the first such report at CalSTRS.

Video

Inside CalSTRS Investments: Fiscal Year 2012/13 Returns

Inside CalSTRS Investments is a series of short conversations to help you understand how member contributions are invested to create a secure retirement for California’s educators.

In this video, CalSTRS Chief Investment Officer Chris Ailman discusses the double-digit growth in the portfolio over the last fiscal year.

Blog entry Jack Ehnes

Healthy Short-Term Returns Are Not Enough to Cure Chronic Underfunding

In the last three years, CalSTRS has experienced significant market volatility.  In fiscal year 2011, CalSTRS catapulted to a 23.1 percent investment return high. The following   fiscal year investment returns plummeted to 1.8 percent and then rebounded up to this year’s 13.8 percent. The good news that we’ve significantly exceeded our 7.5 percent investment assumption for three years still does not change current projections of depleting our assets in roughly 30 years.

Archived Poll

CalSTRS Poll: Pension Loans

Pension or settlement income streams, also known as pension loans, have been in the news lately. Which of the following have federal officials warned is a risk of pension loans?

Commands