CalSTRS – California Globe

UC Berkeley Study: Sacramento’s Regulations Create America’s Highest Poverty Rate, Triggering California Exodus

April 2, 2026 3:32 pmApril 2, 2026 3:37 pm

A new report from the California Policy Lab at UC Berkeley has exposed the harsh reality of life under one-party Democratic rule: California now suffers the highest cost-of-living-adjusted poverty rate in the entire United States, a crisis manufactured by Sacramento’s...

CalPERS Still $153 Billion Underwater Despite Near Record Returns

March 12, 2026 8:06 amMarch 12, 2026 8:06 am

Thirty years of running hedge funds, private equity deals, and now outsourced CIO roles for ultra-high-net-worth family offices taught me one ironclad rule. Optimistic assumptions in a spreadsheet are just fraud wearing a tie. I watched markets crash in 2008...

Pension Shenanigans: The ‘Soft Fraud’ Burdening California Taxpayers

February 7, 2026 8:49 amFebruary 7, 2026 8:50 am

California’s pension crisis isn’t a mystery, and it isn’t just bad luck. It is the predictable outcome of decades of optimistic assumptions that lowered contributions in the short term while pushing massive costs onto future taxpayers. Call it what you...

CalSTRS Announces They Will Vote Against Tesla CEO Elon Musk’s $50 Billion Compensation Package

June 10, 2024 4:33 pmJune 10, 2024 4:33 pm

California State Teachers’ Retirement System (CalSTRS) Chief Investment Officer Christopher Ailman announced on Monday that the group will vote against reinstating a $56 billion pay package to Tesla and SpaceX CEO Elon Musk, becoming the latest entity promising to not...

Bill To Force CalPERS, CalSTRS Divestment from Fossil Fuel Investments Delayed Until Next Year

July 5, 2023 1:56 pmJuly 5, 2023 1:56 pm

A bill to phase out fossil fuel investments in the California Public Employees’ Retirement System (CalPERS) and California State Teachers’ Retirement System (CalSTRS) state public pension funds was delayed until next year earlier this week, giving time to both build...

Bill To Force CalPERS, CalSTRS Divestment from Fossil Fuel Investments Moves To Senate

May 19, 2023 2:28 amMay 19, 2023 2:29 am

A bill to phase out fossil fuel investments in the California Public Employees’ Retirement System (CalPERS) and California State Teachers’ Retirement System (CalSTRS) state public pension funds was passed in the Senate Appropriations Committee Thursday, with the bill next going...

Teacher Pension Fund Betrays Its Mission

May 1, 2023 12:30 pmMay 1, 2023 12:37 pm

If you think that CalSTRS, the behemoth pension system that supports California’s retired teachers, is focused on pensions, you are wrong. The largest teacher-focused pension system in the country is abandoning its core fiduciary role to chase left-wing political goals....