Economic Impact Study
Economic Impact Study
An economic impact study finds that CalSTRS benefit payments are a substantial economic driver in California, generating $11 billion in economic activity, supporting more than 92,000 jobs and creating about $1.2 billion in tax payments to state and local governments through income, sales and corporate profit taxes.
The study was commissioned by CalSTRS and prepared by the Business Forecasting Center of the University of the Pacific Eberhardt School of Business. It measures the impact the CalSTRS benefit payments have on California’s labor income, employment, economic output and tax revenue generation. Its findings are based on $9.2 billion in ongoing monthly and quarterly benefit payments CalSTRS issued during the 2011-12 fiscal year.
Published September 2013.
For accessible versions of files on this page, contact ADACoordinator@CalSTRS.com.
Key Findings

- Read the news release
- Download the full study
- Appendix A: Impacts by Region
- Appendix B: Impact by County
- Appendix C: Impact by Congressional Districts
- Appendix D: Impact by Senate Districts
- Appendix E: Impact by Assembly Districts
- University of the Pacific Eberhardt School of Business