Retired teachers are living longer and CalSTRS is earning a lower investment returns, driving a new assessment of the teacher pension fund. Andy Alfaro The Sacramento Bee file The California State ...
Ethel I. Baker Elementary fourth grade teacher Souchoy Saechou talks to his students at the start of class as part of the school’s integrated Center of Wellness program on Thursday, Jan. 18, 2024. The ...
The California State Teachers’ Retirement System is bracing for a year of market uncertainty that risks jeopardizing performance for the $350 billion pension fund. Calstrs faces “unprecedented and ...
California’s public pension plans are taking on more risk than other pension systems while generating relatively poor investment return results, a new Reason Foundation report finds. The California ...
SAN FRANCISCO, Sept 5 (Reuters) - California's retirement system for teachers is failing to catch cases of questionable pay raises used to increase pension payments, the state controller's office said ...
The return puts CalSTRS ahead of schedule to reach full funding by 2046, according to its preliminary returns statement sent on Wednesday. The 7% annual average return target is set to meet pension ...
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