WEST SACRAMENTO, Calif. (April 15, 2019) – California State Teachers’ Retirement System announced that trustee Sharon Hendricks was elected to the PRI Association Board. As an independent organization, PRI encourages investors to use responsible investment to enhance returns and better manage risks.
If you haven’t designated your one-time death benefit recipient yet, take a few minutes now to do so. This benefit may be payable in the event of your death. The amount of the benefit depends on whether you have disability and survivor benefits under Coverage A or B and if you should die before or after retirement.
The one-time death benefit is a separate designation from the election of an option beneficiary at retirement. If you elect an option, your option beneficiary will receive a monthly lifetime benefit when you die, while your one-time death benefit recipient will receive a one-time, lump-sum payment after your death.
If you don’t have a one-time death benefit recipient on file in effect on the date of your death, the one-time death benefit will be paid to your estate.
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.