Pension Sense Blog
Pension Sense
Pension Sense is published twice a month on Wednesdays and sometimes more often. Expect helpful information on member benefits, the investment portfolio, corporate engagement activities and more. Ideas for future posts? Email us at Newsroom@CalSTRS.com.
Our New Year’s resolution
Most folks’ New Year’s resolutions are about exercising more, eating healthy or saving more money.
One of CalSTRS’ New Year’s resolutions is to keep up an annual tradition: learning from you.
Holiday Greeting From CEO Jack Ehnes
Happy holidays from CalSTRS CEO Jack Ehnes and all of us at CalSTRS: We can’t thank you enough for all the work you do. Enjoy some time to rest and recharge.
Give Yourself the Gift of Compound Interest
It’s the holiday season, and right now you’re probably worried about finding the right gift for everyone on your list. We understand the feeling! But while you’re fulfilling everyone else’s holiday wishes, consider giving yourself a more secure retirement by starting or increasing your contribution to your supplemental savings account.
Plan Ahead to Fill the Retirement Income Gap
What California’s educators need to know about Social Security
In a world with few assurances about future income, the CalSTRS Defined Benefit Program is like a security blanket for California educators. If you’ve worked a full career in education, 50-60% of your preretirement income will be replaced with your pension.
The challenge, however, is that financial experts advise replacing 80-90% of your preretirement income annually once you retire.
What is the Value of Engagement?
When a company in our investment portfolio is not advancing sustainable business practices, we don’t simply ignore the problem or sell our holdings.
That would be like stuffing dirty laundry into a closet and shutting the door.
Understanding Your Retirement Benefit Formula
As a California educator, you help build a better future for your students while you work toward a secure financial future of your own.
The CalSTRS Defined Benefit Program is the cornerstone of your educator retirement savings and also provides survivor and disability benefits. CalSTRS invests contributions from the state, your employer and your monthly paycheck to ensure a reliable monthly retirement benefit for all our members.