Educators who retired before 1999 will receive a special increase between 5% and 15% to their supplemental payment to maintain their purchasing power, according to Chief Executive Officer Cassandra Lichnock’s report to the Teachers’ Retirement Board.

Every year, CalSTRS conducts a survey of active and retired members to assess their satisfaction with CalSTRS’ staff and service. This is in addition to ongoing point of service surveys, where about nine out of 10 members reported high satisfaction with CalSTRS. The annual survey reflected more good news.

CalSTRS released its latest semi-annual performance reports to the Teachers’ Retirement Board’s Investment Committee at the September 2023 meeting. These reports—Executive Summary (a summary of each asset class), Real Estate Strategy and Private Equity Performance—aid the Investment Committee in overseeing the Teachers’ Retirement Fund. The reports reflect the six-month period between January 1, 2023, and June 30, 2023.