CalSTRS earns ‘Best Places to Work in Money Management’ honor for 10th time
News release | Mindy Tirapelle
WEST SACRAMENTO, Calif. (December 9, 2024) – The California State Teachers’ Retirement System has been named one of the Best Places to Work in Money Management by Pensions & Investments magazine for the 10th time.
Pensions & Investments included CalSTRS in its 13th annual survey and recognition program, which is dedicated to identifying and honoring the top employers in the money management industry.
“As their employees attest, the companies named to this year’s Best Places to Work list demonstrate a commitment to building and maintaining a strong workplace culture, "Pensions & Investments Editor-in-Chief Julie Tatge said. “In doing so, they’re helping their employees, clients and their businesses succeed."
The Best Places to Work award-winners are chosen based on workplace policies, practices, philosophy, systems and demographics, as well as an employee survey.
“We’re honored to receive this award, and I believe it’s a reflection of our team’s outstanding work to protect the more than 1 million California public educators and beneficiaries who rely on us to help secure their future,” CalSTRS Chief Executive Officer Cassandra Lichnock said. “Our greatest asset is our innovative, inclusive and passionate workforce.”
"I'm so grateful to our investments team for their passion and focus on our mission of serving our teachers,” CalSTRS Chief Investment Officer Scott Chan said. “The culture at CalSTRS is one of our biggest competitive advantages, and you can see the respect and teamwork throughout the organization, whether someone is an executive or a recent hire.”
The 2024 Best Places to Work in Money Management award winners are posted online.
Media contact
Mindy Tirapelle
Phone: 916-414-1440
M-F, 8 a.m. - 5 p.m. PDT
Newsroom@CalSTRS.com
About CalSTRS
CalSTRS provides a secure retirement to more than 1 million members and beneficiaries whose CalSTRS-covered service is not eligible for Social Security participation. On average, members who retired in 2022–23 had 25 years of service and a monthly benefit of $5,141. Established in 1913, CalSTRS is the largest educator-only pension fund in the world with $346.5 billion in assets under management as of October 31, 2024. CalSTRS demonstrates its strong commitment to long-term sustainability principles in its annual Sustainability Report.