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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 is the largest teachers' retirement fund in the United States. CalSTRS is also currently the eleventh largest public pension fund in the world. [2]
This list of largest pension funds in the United States involves two main groups: government pension funds for public employees and collectively bargained pension funds, jointly managed between employer and employee representatives after the Taft-Hartley Act of 1947.
The California State Teachers' Retirement System (CalSTRS) [148] CalPERS has reciprocity agreements with many of these California public retirement systems that allow retirees with service credit and contributions in two systems to receive payments from both systems. [149] Some people prefer defined contribution plans to CalPERS' defined ...
Later, she became a public school teacher in the San Francisco Bay Area, paying into CalSTRS, California's educator pension fund. However, her plans for retirement took an unexpected turn when she ...
(CalSTRS filed with the SEC for a sixth fund vehicle in order to shift management responsibilities to Sapphire, though Ross clarifies this is not a new fund and CalSTRS has not set aside any ...
“The pensions have had more than a decade to deal with the issue of fossil fuel divestment, but they have failed to act.”
The Government Operations Agency (CalGovOps) is the California government agency responsible for administering state operations including procurement, real estate, information technology, and human resources. [2]
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