SB 499 (Soto) - Minor Program/Policy Changes

Background April 25, 2016

How Will You Spend
Your Future?

Emphasis Post January 17, 2013

View 2018-19 Pay Dates

News release May 9, 2019 Ricardo Duran

CalSTRS Releases Valuation for 2018
Slight improvement reflects better than expected investment returns

WEST SACRAMENTO, Calif. (May 9, 2019) – The Teachers’ Retirement Board today received the results of the actuarial valuation for the CalSTRS Defined Benefit Program as of June 30, 2018. The actuarial valuation provides a snapshot-in-time of the system’s financial health, in addition to monitoring the system’s funding status and its ability to meet long-term commitments.

News release May 9, 2019 Ricardo Duran

Teachers’ Retirement Board Elects Chair and Vice Chair
Board members selected Sharon Hendricks as Chair and Harry Keiley as Vice Chair

WEST SACRAMENTO, Calif. (May 9, 2019) – The trustees of the California State Teachers’ Retirement System today elected Sharon Hendricks as board chair and Harry Keiley as vice chair for the 2019-20 term.

News release May 1, 2019 Michelle Mussuto

CalSTRS Announces its Latest Progress Report Toward Long-Term Sustainability

WEST SACRAMENTO, Calif. (April 25, 2019)– The California State Teachers’ Retirement System today released its fifth annual Sustainability Report. The report, based on data from fiscal year 2017-18, uses the Global Reporting Initiative Standards: Core option.

Post April 8, 2015

Update Your CalSTRS Contact Information

Post May 5, 2017

Preventing Pension Spiking
How CalSTRS handles pension spiking and how we intend to continue improving our capabilities

Eliminates the requirement that a dependent child between the
ages of 18 and 22 must maintain full-time student status to remain eligible for the dependent child’s portion of benefits under Coverage A. Increases the loan limit for home loans under Home Loan Program. Allows Cash Balance Benefit Program participants to purchase certain DB Program service
credit. Also appropriates funds from the Teachers’ Retirement Fund to the
Teachers’ Retirement Board to pay costs associated with post-2001 benefit
changes.

Version: Chaptered (Chapter 802, Statutes of 2001)
Sponsor: Teachers’ Retirement Board
Location: Signed by Governor
Board Position: Sponsor

CalSTRS Analysis:

As Amended 9/05/2001

As Amended 7/05/2001

As Amended 4/05/2001