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CalSTRS was established by law in 1913, and is part of the State of California's Government Operations Agency. As of September 2020, CalSTRS was the largest teachers' retirement fund in the United States. CalSTRS was also the 11th-largest public pension fund in the world. [2] As of October 31, 2020, CalSTRS managed a portfolio worth $254.7 ...
The California Public Employees' Retirement System (CalPERS) is an agency in the California executive branch that "manages pension and health benefits for more than 1.5 million California public employees, retirees, and their families".
This list of largest pension funds in the United States involves two main groups: ... New York State Teachers: $115,637 $115,637 94.2% 7.5% 8
Average annual teacher salaries ranged from $41,000 to more than $150,000.
CalSTRS’ investment porftolio performed better than CalPERS and most U.S. pension funds. But it still lost money for 1st time since 2009.
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In another study, Equable Institute found that the total lifetime value of teacher pension benefits have declined by $100,000 on average (13%) since 2005. A teacher hired for the 2005 school year can expect to earn $768,000 in retirement benefits, where as a teacher hired for the 2023 school year can expect to earn $668,000. [19
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