Do teachers in CA get a pension?

Yes, teachers in California do receive a pension through the California State Teachers' Retirement System (CalSTRS), which was established by law in 1913. This system was specifically designed to provide retirement benefits to educators working in public schools, ranging from prekindergarten to community colleges. Over the years, CalSTRS has grown significantly and is now recognized as the largest pension fund dedicated solely to educators in the world, as well as the second largest pension fund overall in the United States. This robust pension system ensures that teachers can enjoy financial security in their retirement years, reflecting the state's commitment to supporting its educators and acknowledging their vital role in shaping the future of students. The benefits provided by CalSTRS include a defined benefit plan, which guarantees a specific monthly payment upon retirement, based on factors such as years of service and salary, thereby providing teachers with a reliable source of income after they have dedicated their careers to education.