CalSTRS (California State Teachers' Retirement System)

The California State Teachers' Retirement System (CalSTRS) is a pension fund that provides retirement benefits for teachers and educators in California. Established in 1913, it manages the retirement savings of its members through contributions from teachers and their employers. CalSTRS invests these funds to grow the retirement benefits that members receive upon retiring. By ensuring financial security for teachers, CalSTRS aims to support the education workforce and maintain a strong educational system in California. Overall, it plays a crucial role in helping educators prepare for a stable financial future during retirement.