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.
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
- Salary Deferral Agreement Form
- 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.