California Teacher Pensions: Are We Really Breaking the State?
This guest post comes to us from Lynne Formigli, a middle school science teacher from the San Francisco Bay Area, and an occasional contributor to InterACT. Lynne is also an active leader in the California Teachers Association. Her post is a modified version of a letter she wrote to teachers, and in the brief time since she wrote it, the California State Teachers Retirement System (CalSTRS) received a noteworthy recognition:Institutional Investment Magazine named CalSTRS the Large Public Fund Manager of the Year. The announcement at BusinessWire.com states that “The CalSTRS Investment Office has gained global recognition for its depth, innovation and quality.”
Since InterACT usually focuses more on education policies relating to teaching and learning, I asked Lynne to
