WEST SACRAMENTO, Calif. (May 9, 2019) – The Teachers’ Retirement Board today received the results of the actuarial valuation for the CalSTRS Defined Benefit Program as of June 30, 2018. The actuarial valuation provides a snapshot-in-time of the system’s financial health, in addition to monitoring the system’s funding status and its ability to meet long-term commitments.
WEST SACRAMENTO, Calif. (May 9, 2019) – The trustees of the California State Teachers’ Retirement System today elected Sharon Hendricks as board chair and Harry Keiley as vice chair for the 2019-20 term.
WEST SACRAMENTO, Calif. (April 25, 2019)– The California State Teachers’ Retirement System today released its fifth annual Sustainability Report. The report, based on data from fiscal year 2017-18, uses the Global Reporting Initiative Standards: Core option.
The Securities Lending Program performed well during 2015, earning over $85.4 million. The program has averaged over $100 million in earnings during the past five calendar years. Program earnings continue to be a steady source of incremental income, generating over $1.44 billion for CalSTRS since its inception in 1988, adding, on average, over four basis points annually to the total portfolio.
The Securities Lending Program incorporates a dynamic process involving People, Philosophy, Process and Performance which is summarized in a one page chart. Learn more about the Program Management Process.
By policy, the program objective for the CalSTRS Securities Lending Program is to assist the Teachers’ Retirement Fund in meeting its investment goals by generating incremental income through collateralized, low-risk, short-term loans, using a portion of the lendable assets within the portfolio.
The cash collateral portfolio managers are responsible for investing the cash taken as collateral from loans of securities. Each of the portfolios is diversified among different asset classes, based upon investment guidelines developed by CalSTRS and emphasizes safety of principal and adequate liquidity.
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.