CalSTRS Outlook

Making Sense of the Headlines
Volume 4, No. 10

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

Blog entry Jack Ehnes

The Principal Cause of the CalSTRS Funding Shortfall

As CalSTRS begins to emerge from the worst economic downturn since the Great Depression, renewed focus on the sustainability of the defined benefit pension has surfaced, with some calling for the elimination of a plan that has provided a secure retirement to California’s educators for the last 100 years.


News Report Highlights Issues Surrounding CalSTRS Funding Shortfall

A recent story by a Sacramento television station highlights issues surrounding the CalSTRS $70 billion funding shortfall and what needs to be done to address it.

For nearly 10 years, CalSTRS has made considerable effort to call attention to its unfunded liability, which is the outstanding debt for projected future benefits, and the risk of not addressing it.

Visit our website to learn more about CalSTRS funding needs.

Statement Ricardo Duran

CalSTRS to Recover Its Investment With JP Morgan Chase in Federal Settlement

WEST SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) can expect to receive approximately $19.5 million plus interest from JP Morgan Chase & Co. as part of a landmark $13 billion settlement with the U.S. Justice Department over the bank’s misrepresentation of residential mortgage-backed securities leading up to the financial crisis.

News release Ricardo Duran

CalSTRS Christopher Ailman Named #3 of Top Power 100 CIOs, Globally
The accolade reflects on his leadership of world-class investment staff.

WEST SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) announced that Chief Investment Officer, Christopher Ailman received the number three spot in aiCIO magazine’s 2013 Chief Investment Officer Power 100. The list ranks and profiles the 100 most influential and powerful asset owners in the world.