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The California State Teachers’ Retirement System was established by law in 1913 to provide retirement benefits to California’s public school educators from prekindergarten through community college.
Some districts consolidated or reorganized on or after April 1, 1986, and are paying the Medicare tax for all employees.
Federal law, subsequently incorporated in the California Government Code, permitted a school employer to request that employees hired before April 1, 1986, be divided into two groups—members who desired to be covered by Medicare and those who do not desire such coverage.
In contrast, those hired on or after April 1, 1986, were required to pay Medicare payroll tax.
Senate Bill 1435 (Chapter 1032, Statutes of 2000) established the California State Teachers’ Retirement System Medicare Benefits Program.
Her first day as CEO will be July 1, 2021.
Public Pension Alternative Investments’ Lack of Transparency Continues to be a Target of CriticismJuly 6, 2022
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Teachers' Retirement System of the City of New York | - | $49.0M | 750 | - |
| Virginia Retirement System | 1942 | $21.0M | 310 | - |
| Arizona State Retirement System | 1953 | $31.0M | 222 | - |
| Chicago Teachers' Pension Fund | 1895 | $14.0M | 58 | 2 |
| Delaware State Government | - | $11.0B | 350,000 | 23 |
| Overseas Private Investment | 1971 | $46.0M | 750 | - |
| Judicial Council of California | - | $70.0M | 800 | - |
| California Public Utilities Commission | - | - | 1,218 | - |
| Employees Retirement System Of Texas | - | $275.5M | 350 | - |
| Saginaw County | 1835 | $3.8M | 125 | 34 |
Zippia gives an in-depth look into the details of CalSTRS, including salaries, political affiliations, employee data, and more, in order to inform job seekers about CalSTRS. The employee data is based on information from people who have self-reported their past or current employments at CalSTRS. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by CalSTRS. The data presented on this page does not represent the view of CalSTRS and its employees or that of Zippia.
CalSTRS may also be known as or be related to CalSTRS and Calstrs.