California State Teachers' Retirement System
CalSTRS is the largest educator-only public pension fund in the world, providing retirement, disability and survivor benefits to California's public school educators.
Last updated September 15, 2026
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Overview
CalSTRS, the California State Teachers' Retirement System, is the largest educator-only public pension fund in the world and the second largest pension fund in the U.S. As a global financial services institution and state agency, it provides retirement, disability and survivor benefits to California's more than 1 million public school educators and their beneficiaries. Established by law in 1913, CalSTRS serves educators from prekindergarten through community college. Its mission is securing the financial future and sustaining the trust of California's educators.
History
The California State Teachers' Retirement System was established by law in 1913 to provide retirement benefits to California's public school educators from prekindergarten through community college. Today, CalSTRS is the largest educator-only pension fund in the world, and the second largest pension fund in the U.S.
Products and positioning
Largest educator-only public pension fund in the world; global financial services institution and state agency.
Pension2
Offers the opportunity to invest through tax-advantaged payroll deductions in low cost, flexible 403(b), Roth 403(b) and 457(b) plans for additional retirement savings.
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