CalSTRS Names Sandy Blair Retirement Readiness Director
Blair will oversee CalSTRS’ defined contribution plans, member education and outreach efforts
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System today announced the appointment of Sandy Blair to Director of Retirement Readiness. In her new role, Ms. Blair, the director of CalSTRS Defined Contribution Solutions business unit since 2013, will also oversee CalSTRS member benefits education efforts, field benefits operations, and member and employer outreach activities.
“Sandy brings extensive expertise in all facets of the Retirement Readiness division’s lines of business, especially in providing valuable member outreach and financial awareness education,” said CalSTRS Chief Operating Officer Cassandra Lichnock. “She has an impressive record of results in the defined contribution program where participation has soared under her leadership.”
“Sandy brings a high level of professional competence as well as continuity to her new responsibilities,” said CalSTRS Benefits and Services Executive Officer Andrew Roth, “She is widely recognized for her forward-thinking abilities and CalSTRS members stand to benefit greatly from her experience and leadership.”
Ms. Blair began her CalSTRS management career in 2009 in the client outreach and guidance business area, where she was instrumental in establishing the model of CalSTRS first Member Service Center in West Sacramento. She became a field manager, overseeing centers in West Sacramento, Glendale and Santa Clara. Under Ms. Blair’s leadership, the CalSTRS defined contribution plan, Pension2®, experienced tremendous growth. It currently administers nearly $600 million in assets on behalf of more than 10,000 plan participants.
Prior to joining CalSTRS, Ms. Blair worked in the private sector in consumer banking, finance and tax preparation. She holds a Bachelor of Science in business administration and finance from California State University, Sacramento.
The California State Teachers’ Retirement System, with a portfolio valued at $178.7 billion as of February 29, 2016, is the largest educator-only pension fund in the world. CalSTRS administers a hybrid retirement system, consisting of traditional defined benefit, cash balance and voluntary defined contribution plans. CalSTRS also provides disability and survivor benefits. CalSTRS serves California’s 896,000 public school educators and their families from the state’s 1,700 school districts, county offices of education and community college districts.