Retirement Security Campaign
What are the WEP and GPO and how will they affect your pension?
Now is the time to make our case to Congress
Retired Berkeley Unified teacher Bonnie Cediel taught for 16 years. She was married for 34, but her partial CalSTRS pension precludes her from receiving any Social Security spousal benefits. The Government Pension Offset, (GPO) passed in 1977, is the reason.
CFT members call on CalSTRS to pressure companies to stop profiting off family separations at the border
Several CFT leaders and members testified today at the CalSTRS Investment Committee meeting in West Sacramento, urging the second largest pension fund in the country to pressure companies that they invest in to stop profiting off family separations at the border.
CFT pushes CalSTRS to divest from gun manufacturing
UPDATE! On June 5, 2015, CalSTRS cashed out of its investment in gun manufacturer Remington Firearms, part of the Cerberus Capital Management portfolio. We thank CalSTRS for listening to CFT. Read story in the Sacramento Bee.
Legislature passes significant changes in CalSTRS contributions
In June 2014, the California Legislature made significant changes in contributions to the California State Teachers Retirement System. The CFT formed a task force to study the issue of the system’s “unfunded liability” and to submit the union’s recommendations to the governor and the Legislature. Learn about the changes passed by the Legislature and the union’s positions below.