News releases

Read current and past CalSTRS news releases.

CalSTRS headquarters, surrounded by greenery and a clear blue sky.

CalSTRS earns ‘Best Places to Work in Money Management’ honor for 11th time

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.

Nick Abel in a checkered blazer and white shirt poses for a professional portrait, with a blurred background.

CalSTRS selects Nick Abel as director of Sustainable Investment and Stewardship Strategies

WEST SACRAMENTO, Calif. (December 4, 2025)—The California State Teachers’ Retirement System, the world’s largest educator-only pension fund, is pleased to announce the appointment of Nick Abel as Sustainable Investment and Stewardship Strategies investment director.

CalSTRS wins historic legal settlement on behalf of Meta shareholders

The California State Teachers’ Retirement System achieved a $190 million settlement on behalf of Meta Platform shareholders against current and former directors and officers of the company.

Puneet Kohli wearing glasses and a gray suit, smiling indoors.

CalSTRS selects Puneet Kohli as investment director of Risk Mitigating Strategies

WEST SACRAMENTO, Calif. (November 12, 2025) – The California State Teachers’ Retirement System, the world’s largest educator-only pension fund, is pleased to announce the appointment of Puneet Kohli as Risk Mitigating Strategies (RMS) investment director.

CalSTRS protects portfolio, members' pensions by diligently voting on company directors, shareholder proposals

WEST SACRAMENTO, Calif. (August 25, 2025) – The California State Teachers’ Retirement System—the world’s largest educator-only pension fund—protected the pensions of California’s public educators by carefully weighing shareholder proposals and votes on companies’ boards of directors this proxy season.

Kirsty Jenkinson with short hair smiling, wearing a blue top with a blurred background.

CalSTRS announces Kirsty Jenkinson as new senior investment director

WEST SACRAMENTO, Calif. (August 21, 2025)—The California State Teachers' Retirement System is pleased to announce the appointment of Kirsty Jenkinson as senior investment director of Private Markets and Sustainable Investment and Stewardship Strategies (SISS).

CalSTRS fund returns over 1-30 years, all above 7% assumption; highest 5-year at 9.4%, lowest 20-year at 7.4%.

CalSTRS earns 8.5% net return, exceeds benchmark in fiscal year 2024–25

WEST SACRAMENTO, Calif. (July 30, 2025)—The California State Teachers’ Retirement System (CalSTRS) today announced an 8.5% net return on investments for the 2024–25 fiscal year, ending with the total fund value at $367.7 billion as of June 30, 2025.

April Wilcox smiling, wearing a black blazer and a gray top, with a blurred background.

CalSTRS announces April Wilcox as new senior investment director

WEST SACRAMENTO, Calif. (July 7, 2025) – The California State Teachers' Retirement System is pleased to announce the appointment of April Wilcox as senior investment director of Strategic Management and Operations.

Teachers’ Retirement Board reelects Denise Bradford as chair, Karen Yamamoto as vice chair

WEST SACRAMENTO, Calif. (May 13, 2025)―The Teachers' Retirement Board reelected Denise Bradford chair and Karen Yamamoto vice chair at its May meeting.

Jeff Zimmer wearing a suit and checked shirt, smiling.

CalSTRS names Jeff Zimmer as chief benefits officer

WEST SACRAMENTO, Calif. (January 30, 2025) – The California State Teachers’ Retirement System is pleased to announce the promotion of Jeff Zimmer to chief benefits officer.

CalSTRS Headquarters by the Sacramento River, surrounded by trees under a clear blue sky.

CalSTRS earns ‘Best Places to Work in Money Management’ honor for 10th time

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.

Appointment to Teachers’ Retirement Board

On September 24, 2024, Gov. Gavin Newsom announced that Steve Juarez, of Truckee, has been appointed to the California State Teachers’ Retirement Board. Juarez’s term dates are September 24, 2024, through December 31, 2027.

Two professional portraits of a woman and a man, split-screen style.

CalSTRS announces Lucchesini-Jack, Murphy as new investment directors

WEST SACRAMENTO, Calif. (September 23, 2024) – The California State Teachers’ Retirement System is pleased to announce the appointments of Rosie Lucchesini-Jack as director of the Fixed Income Portfolio and David Murphy as director of Global Equity.

CalSTRS stresses climate disclosure with 2024 proxy season votes

WEST SACRAMENTO, Calif. (August 1, 2024) – The California State Teachers’ Retirement System—the world’s largest educator-only pension fund—focused on climate risk disclosure during the 2024 proxy season, voting against the boards of directors at a record 2,258 companies. This is up from a then-record 2,035 companies in 2023.

A bar chart showing CalSTRS investment fund performance over varying time frames with returns ranging from 7.6% to 8.5%.

CalSTRS earns 8.4% net return, exceeds benchmark in fiscal year 2023–24

WEST SACRAMENTO, Calif. (July 30, 2024) — The California State Teachers’ Retirement System (CalSTRS) today announced an 8.4% net return on investments for the 2023–24 fiscal year, ending with the total fund value at $341.4 billion as of June 30, 2024.

June Kim with glasses, wearing a purple jacket and a long necklace.

CalSTRS announces June Kim as new senior investment director

WEST SACRAMENTO, Calif. (July 18, 2024) – The California State Teachers' Retirement System is pleased to announce the appointment of June Kim as senior investment director of total fund management.

Investor statement in support of Climate Action 100+

As asset owners representing USD $4.6 trillion in assets, we remain deeply concerned about the investment risks posed by climate change to the economy, the markets and our portfolios. Investors encouraging companies to adopt ambitious and thoughtful plans to address climate-related risks aligns with our economic interests as long-term and diversified stewards of capital.

Deputy CIO Scott Chan smiles. He is wearing a blue blazer and red tie.

CalSTRS names Scott Chan as chief investment officer

WEST SACRAMENTO, Calif. (May 15, 2024) – The California State Teachers' Retirement System, the world's largest educator-only pension fund, is pleased to announce the selection of Scott Chan as chief investment officer.

Teachers' Retirement Board elects Bradford as chair, Yamamoto as vice chair

WEST SACRAMENTO, Calif. (May 6, 2024) – At the Teachers' Retirement Board meeting on Thursday, May 2, the trustees of the California State Teachers' Retirement System elected Denise Bradford chair and Karen Yamamoto vice chair.

CalSTRS focuses on methane emissions reduction, companies' workforce disclosures in 2024 proxy season

WEST SACRAMENTO, Calif. (March 27, 2024) – As peak proxy voting season begins, the California State Teachers’ Retirement System, the world’s largest educator-only pension fund, is pressing corporate boards to measure, mitigate and reduce methane emissions and disclose critical workforce data.

CalSTRS highlights long-standing commitment to sustainability, resiliency in annual report

WEST SACRAMENTO, Calif. (February 26, 2024) – The California State Teachers’ Retirement System has released its 2022–23 Sustainability Report, an annual snapshot of organizational sustainability, which helps build a strong foundation for future success and ensures CalSTRS will be here for California's public educators when they are ready to retire.

Reappointments to Teachers’ Retirement Board

On February 16, 2024, Gov. Gavin Newsom announced that Kenneth “Ken” Tang, of Alhambra, and Karen Yamamoto, of Sacramento, have been reappointed to…

CalSTRS CIO Christopher J. Ailman announces retirement

WEST SACRAMENTO, Calif. (January 11, 2024) – Christopher Ailman, chief investment officer of the California State Teachers' Retirement System, announced his retirement at the Teachers' Retirement Board Investment Committee meeting. He will continue to serve as CIO through June 30, 2024, while the board conducts a global search for his successor. Ailman has served as the CalSTRS CIO since October 2000. He is one of the longest-tenured CIOs in the world.

Sign up for email updates

CalSTRS offers updates on a variety of topics. Subscribe or update current subscriptions by entering your email address.