WEST SACRAMENTO, Calif. (July 20, 2018) – The California State Teachers’ Retirement System announced that the fund posted a 9.0 percent return (net of fees) for the 2017-18 fiscal year, exceeding the investment assumption of 7.0 percent for the second consecutive year and helping advance the fund towards full funding in the decades ahead. As of June 30, 2018, the total fund value was $223.8 billion.
This three-year plan has four goals that present a balanced approach to organizational strategies. Each goal has supporting objectives and measures of success. The plan is not a detailed road map or a step-by-step tactical plan with initiatives and activities–that’s reserved for our annual business plan. Instead, the strategic plan provides overarching goals, objectives to guide our collective direction, and measures to evaluate our success.
The CalSTRS 2016-19 Strategic Plan was adopted by the Teachers’ Retirement Board on July 14, 2016.
Progress on the business plan and overarching strategic plan is reported and evaluated annually through an Accomplishments Report to the board.
This four-year plan contains workforce analysis and strategies which reflect CalSTRS commitment to growing an engaged, highly skilled and diverse workforce. It recognizes accomplishments from the previous 2013-17 Workforce Strategy Plan and introduces six new strategic recommendations based on data driven examination of current and future workforce challenges and opportunities in support of our long-term Strategic and annual Business Plans.
This four-year plan builds upon the previous 2013-17 Leadership Development and Succession Plan. It introduces six new recommendations that provide direction to identify, develop or select the next generation of prepared, capable and engaged leaders. This plan is an analysis of the current state of the CalSTRS leadership team. It outlines initiatives to build a viable pool of successors and offers recommendations to drive and cultivate successful leaders at CalSTRS.
The plan supports the recommendations of the 2018-22 CalSTRS Workforce Plan and is aligned with the CalSTRS long-term Strategic and annual Business Plans.
Electronic privacy is crucial for the ongoing success of the Internet as a convenient means to provide customer service. Your personal information will be used only to conduct CalSTRS-related business.
The California State Teachers’ Retirement System website has been developed in compliance with California Government Code §11135, which requires that all electronic and information technology developed or purchased by the State of California is accessible to people with disabilities. There are various types of physical disabilities that impact user interaction on the web. Vision loss, hearing loss, limited manual dexterity, and cognitive disabilities are examples, with each having different means by which to access electronic information effectively.