As you may know, the Governor and the Legislature made CalSTRS’ - TopicsExpress

As you may know, the Governor and the Legislature made CalSTRS’ financial security a priority in 2014 by enacting a plan to close the CalSTRS funding gap. This landmark legislation funds the Defined Benefit Program through gradual contribution increases shared by the state, CalSTRS members and their employers. It offers a reasonable and sound approach to fully fund the program over a 32-year period. The importance of this plan cannot be overstated. It took years of overcoming budgetary constraints, educating numerous policymakers and stakeholders, and an overall perseverance to see it come to fruition. https://youtube/embed/oNC2rvzEpu4?autoplay=1&rel=0

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