CalSTRS administers pension and other benefits for certificated employees of approximately 1,200 public school districts, community colleges, and educational agencies throughout California.
California State Teachers Retirement System Basics, by Plan
Plan |
Assets (millions) |
Total Members |
California Teachers |
316,918.5 |
837,926 |
Other Plans |
0.0 |
0 |
Total |
316,918.5 |
837,926 |
Source: Public Plans Database (as of 2023)
Note: California State Teachers Retirement System has 0 other plans.
Assets
Assets at Year-End
California State Teachers Retirement System
2001-2023
Fiscal Year |
Net Assets (billions) |
2001 |
103.1 |
2002 |
96.7 |
2003 |
100.4 |
2004 |
116.1 |
2005 |
129.5 |
2006 |
144.2 |
2007 |
172.4 |
2008 |
161.5 |
2009 |
118.4 |
2010 |
129.8 |
2011 |
155.3 |
2012 |
151.3 |
2013 |
166.3 |
2014 |
190.5 |
2015 |
191.8 |
2016 |
189.1 |
2017 |
210.3 |
2018 |
224.9 |
2019 |
238.9 |
2020 |
247.0 |
2021 |
310.3 |
2022 |
300.1 |
2023 |
316.9 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
Fiscal Year |
California State Teachers Retirement System |
US State and Local Pensions |
2001 |
2.5 |
2.4 |
2002 |
2.5 |
2.3 |
2003 |
2.5 |
2.2 |
2004 |
2.3 |
2.1 |
2005 |
2.2 |
2.1 |
2006 |
2.2 |
2.0 |
2007 |
2.1 |
2.0 |
2008 |
2.1 |
1.9 |
2009 |
2.0 |
1.9 |
2010 |
1.8 |
1.8 |
2011 |
1.7 |
1.7 |
2012 |
1.6 |
1.6 |
2013 |
1.5 |
1.5 |
2014 |
1.5 |
1.4 |
2015 |
1.5 |
1.4 |
2016 |
1.5 |
1.4 |
2017 |
1.5 |
1.4 |
2018 |
1.5 |
1.3 |
2019 |
1.5 |
1.3 |
2020 |
1.4 |
1.3 |
2021 |
1.3 |
1.2 |
2022 |
1.4 |
1.2 |
2023 |
1.4 |
1.2 |
2023 Membership for California State Teachers Retirement System
Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
458,645 |
328,932 |
50,349 |
837,926 |
1,690 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
California State Teachers Retirement System
2001-2023
Fiscal Year |
Cash Flow |
Assets |
2001 |
587.5 |
103,137.6 |
2002 |
-125.5 |
96,709.5 |
2003 |
-25.3 |
100,372.3 |
2004 |
-916.3 |
116,061.3 |
2005 |
-666.6 |
129,523.6 |
2006 |
-1,389.0 |
144,212.4 |
2007 |
-1,674.9 |
172,377.9 |
2008 |
-1,438.0 |
161,498.2 |
2009 |
-2,718.0 |
118,430.1 |
2010 |
-3,759.0 |
129,768.1 |
2011 |
-4,459.1 |
155,345.8 |
2012 |
-5,103.2 |
151,318.1 |
2013 |
-5,652.8 |
166,348.9 |
2014 |
-6,278.9 |
190,474.0 |
2015 |
-6,105.4 |
191,822.3 |
2016 |
-5,055.3 |
189,113.5 |
2017 |
-4,060.8 |
210,289.9 |
2018 |
-3,689.1 |
224,868.6 |
2019 |
-1,032.2 |
238,861.9 |
2020 |
-2,082.6 |
246,983.7 |
2021 |
-3,819.4 |
310,293.5 |
2022 |
-2,977.1 |
300,056.3 |
2023 |
-3,115.7 |
316,918.5 |
2023 Cash Flows for California State Teachers Retirement System (millions)
Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
15,770.7 |
18,886.4 |
19,978.0 |
16,862.2 |
Cash Flow as a Percentage of Assets
California State Teachers Retirement System
2001-2023
Fiscal Year |
California State Teachers Retirement System |
National Average |
2001 |
0.6 |
-2.1 |
2002 |
-0.1 |
-2.0 |
2003 |
0.0 |
-2.5 |
2004 |
-0.8 |
-2.0 |
2005 |
-0.5 |
-2.2 |
2006 |
-1.0 |
-2.2 |
2007 |
-1.0 |
-2.1 |
2008 |
-0.9 |
-2.3 |
2009 |
-2.3 |
-3.1 |
2010 |
-2.9 |
-3.2 |
2011 |
-2.9 |
-3.1 |
2012 |
-3.4 |
-3.3 |
2013 |
-3.4 |
-3.1 |
2014 |
-3.3 |
-2.9 |
2015 |
-3.2 |
-2.8 |
2016 |
-2.7 |
-3.0 |
2017 |
-1.9 |
-2.9 |
2018 |
-1.6 |
-2.6 |
2019 |
-0.4 |
-2.6 |
2020 |
-0.8 |
-2.4 |
2021 |
-1.2 |
-2.1 |
2022 |
-1.0 |
-2.1 |
2023 |
-1.0 |
-2.1 |