Inventory of the State Teachers' Retirement System Records

Processed by Staff.
California State Archives
1020 "O" Street
Sacramento, California 95814
Phone: (916) 653-2246
Fax: (916) 653-7363
Email: ArchivesWeb@sos.ca.gov
URL: http://www.sos.ca.gov/archives/
© 2004
California Secretary of State. All rights reserved.

Inventory of the State Teachers' Retirement System Records

Collection number: F3919:1-71



California State Archives

Office of the Secretary of State

Sacramento, California

Contact Information:

  • California State Archives
  • 1020 "O" Street
  • Sacramento, California 95814
  • Phone: (916) 653-2246
  • Fax: (916) 653-7363
  • Email: ArchivesWeb@sos.ca.gov
  • URL: http://www.sos.ca.gov/archives/
Processed by: The California State Archives staff
Date Completed: 2004
Encoded by: Laura Avedisian
© 2004 California Secretary of State. All rights reserved.

Descriptive Summary

Title: State Teachers' Retirement System records,
Date (inclusive): 1920-1988
Collection number: F3919:1-71
Creator: State Teachers' Retirement System
Extent: 3.5 cubic feet
Repository: California State Archives
Sacramento, California
Abstract: This record group includes bill files and subject files of the California State Teachers' Retirement System, including information on its method of organization, its rules, and members' benefits.
Language: English.

Administrative Information

Access

Collection is open for research.

Publication Rights

For permission to reproduce or publish, please contact the California State Archives. Permission for reproduction or publication is given on behalf of the California State Archives as the owner of the physical items. The researcher assumes all responsibility for possible infringement which may arise from reproduction or publication of materials from the California State Archives collections.

Preferred Citation

[Identification of item], State Teachers' Retirement System records, F3919:1-71, California State Archives, Office of the Secretary of State, Sacramento, California.

Acquisition Information

The California State Archives aquired the State Teachers' Retirement System Records after standard review.

Administrative History

In 1913, a retirement system known as the Public School Teachers' Retirement Salary Fund and Permanent Fund was established under Chapter 694. The system's purpose was to provide retirement salaries to public school teachers who were involved in and planned to retire from the California state school system. The Retirement Salary Fund Board was in charge of administering the benefit programs of the retirement system and the funds associated with them. This Board was one of the functions of the State Board of Education. Not until 1963 did the system's controlling board become independent of the Department of Education.
From 1916 to 1935, the retirement agency's funds dwindled due to the agency's reliance on inheritance tax as its major source of revenue. Because the system's funding was too low to supply its members with beneficial pensions, teachers began to lose the incentive for contributing as members to this agency. Then, in 1935, the new Annuity Deposit Fund was added to the retirement program. It collected additional funds from the teachers for investment purposes. Members had to contribute as additional 4% of their salary to this new fund, and the benefit they received was life annuity based on their own accumulated contributions.

Scope and Contents Note

This record group includes bill files and subject files of the California State Teachers Retirement System, including information on its method of organization, its rules, and members' benefits. The subject files include correspondence with assemblymembers, governors, superintendents of schools, and organizations such as the California Teachers Association. The material also includes debates over benefits given to members. The Teachers Retirement Board controlled the agency. Board members, most often the Chief Executive Officer, attended other organizational meetings such as those of the CTA or the California Retired Teachers Association, from whom they received opinions and proposals on changes that should have been made in STRS. Financial records are prominent throughout the files, especially investment records. Meeting minutes, pamphlets and newspaper articles that mention STRS are also included.

Indexing Terms

The following terms have been associated with these materials in the Archives' automated public access system (currently in development, December 2004).

Subjects

Retired Teachers
California Teachers Association
State Teachers' Retirement System


Series Descriptions

Folder AC96-03-24

Bill Files, 1983-1988 Series 1.

Creator: State Teachers' Retirement System
Physical Description: 11 file folders

Arrangement

Arranged numerically for each legislative session.

Scope and Content Note

This series consists of 11 folders of bill files arranged chronologically by session and then by bill number. The files usually include only one to two pages of analyses for each bill. 1983-1984: AB1-1821, ACA26, ACR7, ACR62, SB638, SB714 1985-1986: AB62-AB1923, AB1949-AB3037, AB3185-AB4098, ACA3-ACA21, ACR32, AJR18, SB9-SB843, SB1190-SB2538 1987-1988: AB58-AB1935, AB1982-AB2619, ACR9, SB200-SB990, SB998-SB1677, SCA32
STRS kept bill analyses for bills pertaining to its own administration or other topics of special interest to teachers. Some examples include changes in the disability allowance program, changes in the survivor benefits division, annual allowance increases for retirees, the composition of the STRS board, investment strategies of STRS and home loan programs for teachers.
Folder F3919:1-71

Subject Files, 1920-1974 Series 2.

Physical Description: 3.5 cubic feet

Arrangement

Arranged alphabetically by subject.

Scope and Content Note

The subject files of the California State Teachers' Retirement System include information on its method of organization, rules, and benefits it gives to its members. Included in the files are correspondence, pamphlets, newspaper articles, meeting minutes and proposals for changes in STRS structure and benefits. Financial records are also prominent in these files, especially investment records.