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  • California Crumbling?
    via pensionpulse.blogspot

    Richard W. Raushenbush, a former Piedmont Unified School District Board of Education member and an attorney, wrote an op-ed for the East Bay Times: Increased pension payments threaten state’s schools: In 2014, the Legislature finally addressed the ...

  • By Ed Mendel Monday, October 27, 2014 The CalSTRS board was told this month that financial experts are forecasting investment earnings of 7 percent a year or less during the next decade, below the 7.5 percent assumed by the pension fund. If the new...

  • WEST SACRAMENTO, CA—(Marketwired – July 14, 2016) – The California State Teachers' Retirement System today committed up to $2.5 billion to low–carbon strategies in U.S., non–U.S. developed and emerging equity markets. The passively managed equity portfolio...

  • The latest financial statements of the state’s fifth largest school district, Elk Grove Unified, list a pension debt of $414.6 million, up from no pension debt in the statement for the previous year. How did the debt go from zero to hundreds of millions...

  • WEST SACRAMENTO, CA—(Marketwired – July 21, 2016) – The California State Teachers' Retirement System last Thursday, July 14, approved policy changes to the Corporate Governance Principles which establish the high–level framework, proxy voting activities...

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