CalRTA’s main purpose is to enhance and protect the benefits of retired educators. Currently our focus is on issues in three broad categories:
Protect Teacher Retirement Financial Security
CalRTA supports 100% purchasing power protection for all CalSTRS retirees. In 2003, CalRTA joined with CalSTRS to sue to require the state to make a $500 million payment to the fund that provides purchasing power protection. We won that lawsuit.
CalRTA also supports the current defined-benefit pension system for California educators. A guaranteed income in retirement is fundamental to recruiting and retaining the best qualified professionals to become teachers.
Repeal the Social Security Penalties Against California Educators
The current Social Security system includes little-known penalties that reduce and often eliminate Social Security benefits for retired teachers in California and 14 other states. CalRTA supports solutions to the long-term financing concerns of Social Security, including repeal of these penalties which discourage people from becoming teachers.
Secure Access to Affordable Comprehensive Health Insurance
The CalRTA Board of Directors of the California Retired Teachers Association voted to support universal health insurance reform in an effort to ensure affordable health care for all Californians.