CalSTRS is the abbreviation for the California State Teachers’ Retirement System. It operates as an agency in the state of California and is responsible for managing pension and retirement benefits for K-12 public school educators, community college faculty, and university staff in California. The company was established in 1913 and operates as a defined benefit pension plan. The fund is managed by a Board of Trustees, which is responsible for overseeing the system’s investment strategies, benefit policies, and administrative operations. The investment portfolio is diversified across a range of asset classes, including public and private equity, fixed income, real estate, and alternative investments. CalSTRS is one of the largest public pension funds in the United States. As of June 30, 2020, the fund had assets worth $246.5 billion, serving more than 964,000 members and beneficiaries. The company generates returns through long-term investments that help ensure retirement benefits for its members and provide stability for the fund’s financial future. With its mission to secure the financial future and sustain the trust fund, CalSTRS remains committed to investment strategies that aligns with its values of integrity, sustainability, and long-term stability.