Category Archives: CalSTRS

CalSTRS’s underperformance

By David Crane | For the 12 months ended June 30, 2018, the S&P500 returned  more than 14 percent but California’s State Teachers’ Retirement System (CalSTRS) earned less than 9 percent. Some of the underperformance results from the difference in allocation … Continue reading

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More pension math: CalPERS’ and CalSTRS’ investment earnings

By David Crane | Triggered by recent earnings reports from CalPERS and CalSTRS, some readers have asked why California’s pension funds are underperforming the overall stock market. For example, for the fiscal year just ended June 30, 2018, CalSTRS and … Continue reading

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New CalSTRS data shows Orange County’s ‘$100,000 Pension Club’ grew 97% over past five years

The number of retired Orange County educators collecting pensions of $100,000 or more from the California State Teachers Retirement System (CalSTRS) has nearly doubled since 2012, according to just-released pension payout data from TransparentCalifornia.com. Last year, 1,989 CalSTRS members who retired from … Continue reading

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2017 CalPERS pension data for Fullerton now online

CalPERS payouts approach $21 billion, up 43% over past 5 years Today, TransparentCalifornia.com — California’s largest public pay database — released pension payout data for the California Public Employees’ Retirement System (CalPERS) for the fiscal year ending July 31, 2017. The data … Continue reading

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CalPERS is shocked – just shocked – to find cities reeling under the burden of growing pension debt

By Steven Greenhut | The California Public Employees’ Retirement System’s union defenders feign shock whenever pension reformers accuse it of “kicking the east inflatables reviews can down the road” in dealing with the state’s mounting pension debt. It’s like the … Continue reading

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California’s statewide ‘$100,000 Pension Club’ membership stands at 62,474

Transparent California has announced that it has now received the most current pension payout data from almost all of California’s state, county and city pension funds. According to this data there were at least 62,474 retired public employees who collected pensions Air … Continue reading

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Public employee pensions vs. a split roll for Proposition 13

By Joel Fox | I guess I should use the old vaudeville line: Stop me if you’ve heard this one: the push to increase commercial property taxes is about government pension costs. Returning to this subject at this time (I … Continue reading

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More pension pain ahead for Fullerton

CalPERS, CalSTRS considering more rate increases By Ed Mendel, Calpensions | The state’s two largest public pension systems never recovered from huge investment losses during the deep recession and stock market crash in 2008. CalPERS lost about $100 billion and CalSTRS … Continue reading

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