Copying and distributing are prohibited without permission of the publisher
Teachers’ Retirement Board appointment
28 January 2014
Joy Higa of Manhattan Beach joins CalSTRS
Teachers’ Retirement Board
California's Governor Brown has announced the appointment of
Joy Higa to the Teachers' Retirement Board, which oversees the
retirement benefits for California's K-12 and community college
educators covered under the California State Teachers'
Retirement System (CalSTRS).
Higa is one of three public members appointed by the
Governor to the 12-member board. The appointment is subject to
The California State Teachers' Retirement System, with a
portfolio valued at $181.1bn as of December 31 2013, is the
largest educator-only pension fund in the world. It administers
a hybrid retirement system, consisting of traditional defined
benefit, cash balance and voluntary defined contribution plans
and also provides disability and survivor benefits. CalSTRS
serves California's 862,000 public school educators and their
families from the state's 1,600 school districts, county
offices of education and community college districts.