CalSTRS earns ‘Best Places to Work in Money Management’ honor for 11th time
News release | Barbara Zumwalt
WEST SACRAMENTO, Calif. (December 8, 2025)—For the 11th time, the California State Teachers’ Retirement System has been named one of the Best Places to Work in Money Management by Pensions & Investments magazine.
This 14th annual survey and recognition program 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 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, which is a testament to our team’s commitment 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. “The award affirms that our greatest asset is our innovative, inclusive and passionate workforce.”
"This is an acknowledgement of the amazing teamwork and passion of our investments team and our colleagues across the organization,” CalSTRS Chief Investment Officer Scott Chan said. “I'm so grateful to the team for embracing our organization's mission and continuing to strive for innovation and collaboration.”
The 2025 Best Places to Work in Money Management award winners are posted online.
Media contact
Contact: Barbara Zumwalt
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 the 2024–25 fiscal year had 24.9 years of service and a monthly benefit of $5,740. Established in 1913, CalSTRS is the largest educator-only pension fund in the world with $385.8 billion in assets under management as of October 31, 2025.