WEST SACRAMENTO, Calif. (July 20, 2018) – The California State Teachers’ Retirement System announced that the fund posted a 9.0 percent return (net of fees) for the 2017-18 fiscal year, exceeding the investment assumption of 7.0 percent for the second consecutive year and helping advance the fund towards full funding in the decades ahead. As of June 30, 2018, the total fund value was $223.8 billion.
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CalSTRS is administered by a 12-member Teachers’ Retirement Board. The board sets the policies and makes rules for the system and is responsible for ensuring benefits are paid by the system in accordance with law.
The Citizen Complaint Act of 1997 provides a means for members of the public to submit comments, complaints or suggestions to state agencies about their performance.
Consistent with the Act, the California State Teachers’ Retirement System (CalSTRS) welcomes your comments, complaints and/or suggestions, which may be submitted through completing the Citizen Complaint Act of 1997- Submission Form and choosing one of the submission options provided in the form.
CalSTRS is dedicated to preventing pension spiking.
A toll-free hotline has been established enabling anyone—the public, CalSTRS members, school district and county office of education employees—to report suspicions of pension spiking to CalSTRS.
