The Legislative Analyst’s Office has just published the following post: Update on the Progress of the CalSTRS Funding Plan The LAO released a post on the progress of the California State Teachers’ Retirement System (CalSTRS) funding plan, which has the goal of paying down CalSTRS’ Defined Benefit program’s unfunded actuarial …continue reading
California State Treasurer Fiona Ma, who serves as a board member of CalSTRS, released the following statement on the hiring of Cassandra Lichnock as the Chief Executive Officer: “Congratulations to Cassandra Lichnock for making history! She is the first female Chief Executive Officer of CalSTRS since it began 108 years …continue reading
The Teachers’ Retirement Board (Board) announced the appointment of Cassandra Lichnock as the new chief executive officer of the California State Teachers’ Retirement System (CalSTRS). CalSTRS is the world’s largest educator-only pension fund, with a 75% female membership. Lichnock will serve as the fund’s first female CEO, an important milestone …continue reading
The Legislative Analyst’s Office has just published the following report: Strengthening the CalSTRS Funding Plan Strengthening the CalSTRS Funding Plan provides an overview of the plan put in place by the Legislature in 2014 that aims to fully eliminate the California State Teachers’ Retirement System’s (CalSTRS’) unfunded actuarial obligation (UAO) …continue reading
California State Treasurer Fiona Ma announced the results of the sale of $272.6 million of lease revenue bonds to fund a cutting-edge expansion of California State Teachers’ Retirement System (CalSTRS) headquarters in West Sacramento using innovative designs to achieve energy and resource savings while enhancing workforce well-being. The project is …continue reading
Fiona Ma, State Treasurer and ex officio Board Member of the California State Teachers Retirement System (CalSTRS), broke ranks with the Board’s Investment Committee on Thursday, standing with public school students and teachers in their demands for fossil fuel divestment. “Where we invest our money reflects our values, and we …continue reading