California Teacher Retirement Benefits Are Hardly Modest–But CalSTRS Doesn’t Want You To Know That

California Teacher Retirement Benefits Are Hardly Modest–But CalSTRS Doesn’t Want You To Know That

California Teacher Retirement Benefits Are Hardly Modest–But CalSTRS Doesn’t Want You To Know That

The average full-career California teacher receives a pension benefit equal to 105% of their final earnings. CalSTRS CEO says the plan isn’t generous enough. The Chief Executive Officer of the California State Teacher Retirement System (CalSTRS) believes the state’s public school teacher pension plan is too stingy. As Ed Ring of […]

Source: www.forbes.com/sites/andrewbiggs/2015/08/28/california-teacher-retirement-benefits-are-hardly-modest-but-calstrs-doesnt-want-you-to-know-that/