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CalSTRS announced that the state’s pension fund outperformed, ending the year with a total value of $341.4 billion
the teacher retirement system said in a Tuesday statement. The pension fund prioritizes long-term investing, which has proven effective given CalSTRS’ returns are consistently above the 7% ...
Pensions&Investments19d
CalSTRS returns 7.7% for calendar year, topping benchmark
CalSTRS also disclosed an annualized net return of 8.1% for the 30 years ended Dec. 31. The pension fund has a 30-year goal of an average annual return of 7%. CalSTRS’ fiscal year ends June 30.