Congratulations! You can join today.
You’re eligible to participate in CalSTRS Pension2.
Pension2 offers great features, including:
- Smart investing principles.
- Investment options that match all levels of investment ability.
- Easy payroll deduction of contributions.
- Contributions and earnings can benefit from the power of tax-deferral.
- Flexibility of plan choice—403(b), 457(b), Roth 403(b). Check with your district/employer for plan availability.
- Withdrawals are taxed as ordinary income when distributions begin (excluding Roth 403(b)).
- Simple, low-cost and transparent fee structure.
- No commissions or surrender charges.
- Experienced retirement specialists help you define your retirement goals, integrating them with your CalSTRS retirement benefit.
- Access to financial learning resources, provided by Voya Institutional Plan Services, including tools for retirement planning, personal finance, estate planning and family finance.
- 24/7 account access through the Internet or by automated toll-free phone line.
If you would like a printable version of your plan highlights summary, click here.
About the Pension2
Your plans for the future are important to us at CalSTRS. For more than 100 years, we have been the trusted guide for California’s educators and school employees by carefully managing their defined benefit pension plan. We are the largest educator-only pension fund in the world and the second-largest public pension fund in the U.S. We provide benefits to California’s 879,000 public school educators and their beneficiaries from the state’s approximately 1,700 school districts, county offices of education and community college districts.
Pension2 is CalSTRS’ voluntary supplemental savings plan designed to support your goals for a more comfortable and rewarding financial future. We recognize that in today’s ever-evolving world it is more challenging than ever to meet your financial needs. Pension2 complements your CalSTRS defined benefit plan by allowing you to set aside additional money for retirement in a variety of low-cost investment options selected by CalSTRS.
About Voya Financial®
Voya Financial (NYSE: VOYA), is the company that takes care of the daily servicing of Pension2, providing you with plan information, saving and investing education, transaction processing, statements, and more. Voya is a retirement, investment and insurance company servicing the financial needs of millions of individual and institutional customers throughout the United States. Voya is grounded in a clear mission to make a secure financial future possible - one person, one family and one institution at a time. For more information, visit voya.com.