The California State Teachers' Retirement System recognizes and accepts our responsibility to provide the finest services to you, our members. For many years, you have relied on CalSTRS to invest and care for your pension assets. In 1999, we served 402,000 active members and distributed benefits to an additional 161,000. This opportunity is unique in the combination of advantages it provides to participants. Both sponsored and overseen by the CalSTRS, the Program has been structured as a tax-exempt, governmental fund.
Participants have a range of quality investment options.
We can also provide private sector quality support through our partnership with State Street. What's more, we have negotiated an asset-based fee arrangement that delivers the oversight, service, and investment options at an extremely competitive cost. State Street takes its relationship with you seriously and expects to be measured by exacting standards. Industry leadership, financial soundness, quality service and resource commitment are each widely recognized and highly regarded hallmarks of the way State Street does business. Since 1987, State Street has provided daily valuation services to plan participants for fully informed decision making.