California State Teachers’ Retirement System (CalSTRS) is a California‐state agency established in 1913 by law to provide retirement, disability and survivor benefits to public school educators, from pre-kindergarten through community college, in the state. It administers a hybrid retirement framework that includes a traditional defined-benefit pension plan, a cash-balance component and a voluntary defined-contribution option, ensuring that members receive a lifetime monthly retirement benefit calculated by a formula based on service credit, age and final compensation. As of September 30, 2025, CalSTRS’ investment portfolio was valued at approximately $382.4 billion, making it the largest ed...
Asset class
Impact theme
Investment geographies
