WEST SACRAMENTO, Calif. (July 2, 2018) – The California State Teachers’ Retirement System announced Julie Underwood has been hired as the chief financial officer and will start on July 16. Ms. Underwood replaces Robin Madsen, who retired in March of this year.
Ms. Underwood comes to CalSTRS from the $9.9 billion San Bernardino County Employees’ Retirement Association, a multiple-employer defined benefit pension plan, where she’s been the CFO since 2010.
WEST SACRAMENTO, Calif. (June 21, 2018) – The California State Teachers’ Retirement System today announced the hiring of Scott Chan as the new deputy chief investment officer. Mr. Chan begins his tenure on August 1 and will report directly to CalSTRS Chief Investment Officer Christopher J. Ailman.
The Investments branch plays an important role at CalSTRS and helps to sustain nearly $200 billion, making us the nation’s second largest public pension fund. You can be a part of this important effort by working in one of the careers below:
Our Mission: Securing the financial future and sustaining the trust of California’s educators.
CalSTRS, the California State Teachers’ Retirement System, is the largest teachers’ retirement system and second largest public pension fund in the nation. A world-class financial services institution and state agency, our unique organizational culture emphasizes customer service, leadership and respect for our members and our colleagues.
CalSTRS provides retirement, disability and survivor benefits to California’s 868,000 public school educators and their families.
Our Core Values
The CalSTRS Core Values are a set of attitudes, beliefs and behaviors that define CalSTRS and its employees.
We never compromise on quality as we strive to meet or exceed the expectations of our customers.
We operate with transparency and accept responsibility for our actions.
We model best practices in our industry and innovate to achieve higher standards.
We ensure the strength of our system by embracing a diversity of ideas and people.
We conduct ourselves with integrity, acting ethically in every endeavor.
We respect the needs of our members, co-workers, and others, treating everyone with fairness, honesty, and courtesy.
We recognize our fiduciary responsibility as the foundation for all decision-making.
Our Core Competencies
The CalSTRS Core Competencies are behavioral characteristics that are essential for the success of each employee and are directly related to the success of CalSTRS as a whole.
CalSTRS strives to be an employer of choice. We provide an environment that cultivates new ideas and promotes employee success, including:
Robust training and development program.
High internal promotion rates.
Award-winning staff recognition program.
Wellness program and ergonomic support for employees.
Dedicated workers and accessible leadership.
High level of staff engagement.
Commitment to Sustainability
Sustainability is central to CalSTRS’ culture. Our sustainability program encompasses resource conservation in the workplace and supply chain, employee engagement, and responsible investment practices.
Commitment to Diversity
We are diverse. We span generations. We come from all areas of the globe. We excel because of our united talents.
CalSTRS is committed to providing a workplace in which all individuals are treated with respect and professionalism. By designing and implementing a sustainable, respectful culture at CalSTRS, employee engagement is promoted through a safe work environment where ideas are heard and backgrounds are honored.
Diversity is built into the very fabric of our culture and has connections to all of our Core Values, and is explicitly supported in our Strength Core Value: We ensure the strength of our system by embracing a diversity of ideas and people.
CalSTRS’ award-winning, LEED Platinum headquarters in West Sacramento and member service centers located across the state feature sustainable “green” construction, plenty of natural lighting and functionally designed work spaces.
West Sacramento Headquarters
At our headquarters, enjoy our full service café, covered parking garage, free onsite fitness center, bicycle library, and walks along the river front.
Offices Throughout California
In addition to CalSTRS headquarters in West Sacramento, we also have three member service centers in Glendale, Santa Clara and Irvine.
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.