Pension Costs Are Not the Reason California’s Schools Fail the Disadvantaged

October 21, 2020 3:38 pmOctober 21, 2020 5:36 pm

A recent guest editorial published by Bakersfield.com entitled “California’s defunding of public education” makes the case that a “pension contribution maneuver” has left school districts up and down the state with shrinking budgets. The author, Shaohua Yang, gets many of his facts...

CalSTRS’ Massive Investments in China but Disinvests From American Companies

November 25, 2019 2:20 amNovember 24, 2019 7:08 pm

The majority of American investors are unwittingly funding Chinese concentration camps, weapons systems for the People’s Liberation Army (PLA), and more. Last year, the California State Teachers’ Retirement System, the largest educator-only pension fund in the world, disinvested from...

Role of the California State Treasurer

August 16, 2019 6:29 amAugust 16, 2019 6:32 am

The State Treasurer has broad responsibilities and authority in the areas of investment and finance and serves as the State’s lead asset manager, banker and financier. In addition, the Treasurer serves as chairperson or a member of numerous State authorities,...