The Chief Executive Officer of the California State Teacher Retirement System (CalSTRS) believes the state’s public school teacher pension plan is too stingy. As Ed Ring of the California Policy ...
KCRA THREE NEWS. THANKS, LIANE. WELL, HUNDREDS OF THOUSANDS OF RETIREES HAVE HAD THEIR PERSONAL INFORMATION LEAKED AFTER A MASSIVE DATA BREACH CASE WAS DISCOVERED THAT IT’S IMPACTED MEMBERS OF TWO OF ...
The California Public Employees’ Retirement System, which serves state employees in California and is the largest pension fund in the U.S., and the California State Teachers Retirement System, the ...
For the first time since the Great Recession in 2008, the California State Teachers’ Retirement System had a negative return on investments for the year ending June 30. CalSTRS, which provides ...
More than two-years after stating its intention to exit investments in gun manufacturers following a shooting at the Sandy Hook Elementary School in Newtown, Connecticut that left 20 children and six ...
The California Teachers Retirement System, or CalSTRS, is facing a significant unfunded liability with respect to its Defined Benefit Program. CalSTRS has a shortfall in funding of approximately $71 ...
Re “Teachers deserve a secure retirement” (Letters, May 12): Grant Boyken, CalSTRS executive for public affairs, I have two problems with the CalSTRS pension. First is that it’s up to taxpayers to ...
Gov. Gavin Newsom on Friday signed an executive order to leverage the might of California’s $700 billion public pension funds and the state’s purchasing power as a highway builder in a campaign to ...
The California State Teachers’ Retirement System (CalSTRS) recently reported a 26 percent increase in early teacher retirements in the second half of 2020 relative to the previous year. CalSTRS ...
Forbes contributors publish independent expert analyses and insights. The real truth about retirement, available only here. The average full-career California teacher receives a pension benefit equal ...