Not Just CalPERS, CalSTRS Only 40% Funded

The California State Teachers Retirement System (CalSTRS) is grappling with a funding crisis but as long as the agency has the support of the State of California, and as long as the finances of the State of California remain robust, then CalSTRS will maintain it’s current credit rating of Aa3 with a stable outlook according to credit rating agency Moody’s. Private Capital: Return Of The Mega Fund Jamie Dimon: Blockchain is real; Fannie Must Be Protected From Politics US Budget Deficit Will Lead To A 30% Market Crash Water Investing Gets Even Hotter Moody’s downgraded the credit rating of CalSTRS…