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Stop CalSTRS Risky Real Estate Investments: A Ticking Time Bomb for CA Taxpayers

CalSTRS recently lost $100 million in a failed attempt to convert rent-controlled apartments at New York City's Stuyvesant Town to high-end luxury housing. CalSTRS has made a risky investment of $42 million in the 8 Washington Street Project which is far from a sure thing. Sign the petition and ask the investment committee to reconsider these investments which jeopardize teachers' retirement benefits.

This petition was delivered to:
  • Chair, Teachers' Retirement Investment Committee, CalSTRS
    Harry M. Keiley

    Lorraine Honig, Retired Teacher started this petition with a single signature, and now has 395 supporters. Start a petition today to change something you care about.