California Pension Plans
CalSTRS provides retirement, disability, and survivor benefits for full-time and part-time California public school educators through a hybrid retirement system consisting of Defined Benefit, Defined Benefit Supplement, and Cash Balance Benefit programs, and a voluntary defined contribution plan called CalSTRS Pension2. You are eligible for the CalSTRS pension plan if you are in a certificated position that requires a credential. For example, typically all teachers and administrators require credentials. Learn more about eligibility for CalSTRS.
Manage Your CalSTRS Account
Visit the CalSTRS website to manage your CalSTRS account:
- Access your Retirement Progress Report.
- Check your balance.
- Update your beneficiary.
- Use planning tools and calculators.
- Access forms and documents.
- Apply for retirement
- View the current employer and employee contribution rates.
Register For Access to myCalSTRS!
myCalSTRS is your online resource for managing your personal information on file with myCalPERS. You must register for an account to have access. Visit myCalSTRS to register today.
Have You Named a Beneficiary?
It’s important to designate a beneficiary to receive the value of your CalSTRS account in the event you die before beginning to receive your benefit. As personal circumstances change, be sure to keep that information up-to-date. Visit myCalPERS to add or change a beneficiary.
CalSTRS Tools and Resources
- Visit CalSTRS for a wealth of planning resources, including:
CalSTRS Workshops: CalSTRS offers financial planning workshops designed to meet your needs at different stages during your career.
- Getting Started: An online resource for starting your CalSTRS pension plan.
- Educational Videos: These are videos you can watch at your own pace on everything from investing basics to retirement income planning. They can make plan participation a more rewarding experience and you a more educated investor.
- The Retirement Calculator: This calculator is provided as a retirement planning tool to help you estimate your future retirement benefit. Calculations are estimates only.
CalPERS is a defined benefit plan funded by employee contributions, employer contributions, and earnings made on CalPERS investments. Most employees contribute a percentage of their salary, which accrues interest under their individual CalPERS account. You are eligible for the CalPERS pension plan if you are in a school site position/employee, including facilities associates, which is not covered under CalSTRS. As a member, you receive a lifetime monthly pension check once you become eligible, or you may choose to withdraw your contributions and interest if you no longer work for a CalPERS-covered employer.
Your CalPERS benefit is based on a formula using your:
- Age at retirement
- Highest average annual compensation during any consecutive 12- or 36-month period throughout your CalPERS career
- Years of service credit (total time spent on the job with all CalPERS covered employers)
Learn more about CalPERS.
Register For Access to CalPERS!
CalPERS is your online resource for managing your personal information on file with CalPERS. You must register for an account to have access. Visit CalPERS to register today.
Have You Named a Beneficiary?
It’s important to designate a beneficiary to receive the value of your CalPERS account in the event you die before beginning to receive your benefit. As personal circumstances change, be sure to keep that information up-to-date. Visit CalPERS to add or change a beneficiary.
CalPERS Education Center
Whether you’re in the early stages of your career or getting ready to retire, visit the CalPERS Education Center in myCalPERS to:
- Take online classes to give you a better understanding of your CalPERS benefits.
- Register for instructor-led classes at a location near you.
- Download class materials and access information about your current and past classes.
- Schedule a one-on-one appointment with a representative at your nearest CalPERS Regional Office.