 CalSTRS Reports 9.0 Percent Net Investment Return for FY 17-18
The California State Teachers’ Retirement System announced that the fund posted a 9.0 percent return (net of fees) for the 2017-18 fiscal year, exceeding the investment assumption of 7.0 percent for the second consecutive year and helping advance the fund towards full funding in the decades ahead. As of June 30, 2018, the total fund value was $223.8 billion.
CalRTA's quote about the good news ran in the Sacramento Bee: "CalRTA applauds CalSTRS’ work to protect the retirement security of California’s educators. Our entire state benefits from a strong public education system, including providing retirement security to educators. Once they leave the classroom retirees contribute millions of volunteer hours and billions in economic activity each year."
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