Retired teachers are living longer and CalSTRS is earning a lower investment returns, driving a new assessment of the teacher pension fund.
Retired teachers are living longer and CalSTRS is earning a lower investment returns, driving a new assessment of the teacher pension fund. Andy Alfaro The Sacramento Bee file
Retired teachers are living longer and CalSTRS is earning a lower investment returns, driving a new assessment of the teacher pension fund. Andy Alfaro The Sacramento Bee file

The State Worker

Chronicling civil-service life for California state workers

New assessment shows California retired teachers’ account only 63.7 percent funded

March 30, 2017 11:54 AM

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The Sacramento Bee launched The State Worker blog in 2008 to cover state government from the perspective of California government employees. Every day The Bee filters the news through a single question: "What does this mean for state workers?" Subscribe to alerts on state pay, benefits, pensions, contracts and jobs at sacbee.com/newsletters. Twitter: @TheStateWorker.