Pension2
Pension2
Your Personal Wealth Plan
CalSTRS Pension2 is CalSTRS’ voluntary defined contribution plan. Pension2 offers the opportunity to invest through tax-advantaged payroll deductions in low cost, flexible 403(b), Roth 403(b) and 457(b) plans for additional retirement savings.
CalSTRS Pension2:
- Complements your CalSTRS retirement benefit.
- Features low fees and expenses, so more of your money works for you.
- Offers tax-advantaged contributions and a variety of investment plans.
- Provides objective advice and planning services at no additional cost.
For accessible versions of files on this page, contact ADACoordinator@CalSTRS.com.
Workshops
Your CalSTRS retirement benefit is a healthy start to funding your future. But did you know that the median CalSTRS benefit replaces about 50 to 60 percent of a member’s salary? You’ll need to close any gap between your retirement goal and your retirement benefit with personal savings and investments.
That’s why we created our three Financial Awareness workshops.
We invite you to join your peers in learning how to make smart financial decisions today so you’ll be able to enjoy your future. All workshops are about two hours, with dates and locations across the state.
Investment Funds
The CalSTRS Pension2 Advisory Committee selects each of the core funds to ensure the highest quality investment choices. The funds are continuously monitored to ensure that they meet the performance standards of CalSTRS and any fund that does not will be placed on the investment watch list. If the fund continues to underperform, a new fund will be selected as a replacement.
Informational Videos
Videos designed to help you understand your retirement goals and how Pension2 can become an intricate part of reaching those goals.
Your Savings Calculator: The Power of Time and Money
Your CalSTRS retirement benefit will replace, on average, about 54 percent of your current salary. Need more for retirement? Check out our “Why Wait” and “What If” calculators and see what a difference a few years can make.
Watch List
The CalSTRS Pension2 watch list details which of our current investment options we are concerned with and watching closely. Options placed on the list may, based on our monitoring criteria, later be removed from the watch list or removed/replaced from our available investment options.
Forms
Listing of forms used for the CalSTRS Pension2 program.
- Enrollment Form
- Enrollment Form With Salary Reduction Agreement (Approved School Districts)
- Installment Request Form
- Distribution Request Form
- Hardship Withdrawal Application
- Enrollment Form
- Enrollment Form With Salary Reduction Agreement (Approved School Districts)
- Installment Request Form
- Distribution Request Form
- Unforeseen Emergency Withdrawal Application
- Change of Address Form
- Beneficiary Designation Form
- Beneficiary Distribution Request
- Loan Request Form
- Rollover Contribution Form
- Roth Conversion Form
- Contract Exchange/Plan Transfer In
- Fremont Unified Salary Deferral Agreement
- Contract Exchange and Plan Transfer Withdrawal Request
- Plan Transfer In Request
- Read more
Request for Pension2 Information
Complete this online form to request more detailed information about CalSTRS Pension2®, the supplemental investment program.