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