CalSTRS Lobbying Gun Retailers To Stop Selling Weapons, AccessoriesThe world's largest teacher-only pension fund is throwing its financial might behind an effort to impose California's strict assault weapons restrictions on the rest of the nation.
Analyst: California Teacher Pension Reform May Not Save State AnythingThat outcome would fall short of the Legislature's intent to require that the state, school districts and teachers all share the cost of erasing the $74 billion unfunded liability.
Teachers Union Demands CalSTRS Remove Investment From Gun MakerSpecifically, they’re calling on the California State Teachers’ Retirement System to remove all of its money from The Freedom Group, the maker of the assault rifle used in the Sandy Hook Elementary School massacre.
Gov. Brown Vows To Start Debate Over Teacher PensionsIn Gov. Jerry Brown's promise to start paying off California's massive liabilities, the largest single unfunded debt will not be seeing any additional pay-down in the coming fiscal year.
Calif. Teachers Fund To Sell $3 Million In Firearm StocksThe nation's largest teacher pension fund says it will sell about $3 million worth of stock from companies that make guns and high-capacity ammunition magazines that are illegal in California.
California Teachers Fund To Review Firearms HoldingsThe nation's largest teachers' pension fund says it will review its holdings after being criticized for having an investment in the manufacturer of an assault rifle used in last week's Connecticut school massacre.
Calif. Teacher Fund Lowers Investment ProjectionsThe board overseeing California's teacher pension system has lowered the fund's investment forecast for the second time in 14 months.
On The Money: CalSTRS $100,000 ClubSchool districts across California are planning teacher layoffs, while pensions are getting bigger for a growing number of retired school officials. The list of retired teachers and administrators collecting six-figure pensions has grown by 70% in the last year and a half.