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Congressional District 35 - CalSTRS · CD 35 $ 72,404/year STATEWIDE $ 75,561/year Average Age of...
Transcript of Congressional District 35 - CalSTRS · CD 35 $ 72,404/year STATEWIDE $ 75,561/year Average Age of...
California State Teachers’ Retirement System | P.O. Box 15275 | Sacramento, CA 95851-0275
CalSTRS.com
Average Full-Time Salary for Active Members The compensation paid to members of the same class of employees for services rendered on a full-time basis.
CD 35 $ 72,404/year
STATEWIDE $ 75,561/year
Average Age of Active Members CD 35 44.3 years
STATEWIDE 45.8 years
Average Service Credit for Active MembersThe period of time in years for which a member earned compensation and made contributions to the Defined Benefit Program.
CD 35 12.5 years
STATEWIDE 12.7 years
Active Membership Characteristics
Members Earning Service Credit to CalSTRS Average Service Retirement Benefit CD 35 $ 4,158/month
STATEWIDE $ 4,103/month
Average Defined Benefit Supplement Lump-Sum Payment CD 35 $ 23,452
STATEWIDE $ 15,934
Average Service Credit Earned CD 35 26.7 years
STATEWIDE 26.4 years
Average Age at Retirement CD 35 61.8 years
STATEWIDE 61.6 years
Retired Membership Characteristics
Membership Male Female Total
Active 1,627 4,240 5,867
Inactive 393 790 1,183
Membership Male Female Total
Annual Amount CalSTRS Pays to Retired Members CD 35 $ 77.90 million STATEWIDE $ 10.72 billion
Spending of CalSTRS Benefits (2011–2012) CD 35 $ 54.87 million STATEWIDE $ 7.64 billion
Total Earnings Paid to Active Members CD 35 $ 424.92 million STATEWIDE $ 30.88 billion
CalSTRS membership includes California public school educators from prekindergarten through community college.
CD 35 StatewideMale 1,627 (27%) 114,570 (28%)Female 4,240 (73%) 294,119 (72%)
02/18
Retired 525 1,035 1,560
Disabled 14 44 58
Survivor Benefit Recipients 10 24 34
Option Beneficiaries 36 100 136
TOTAL 585 1,203 1,788
District Population698,492
Congressional District 35OntarioCalSTRS Members & Benefit Recipients Snapshot 2016–2017
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California State Teachers’ Retirement System | P.O. Box 15275 | Sacramento, CA 95851-0275
CalSTRS.com
Economic DescriptionDistrict Gross Regional Product $29,009,904,480
Economic ImpactsImpact Type Jobs Supported Income and Wages Earned1
Direct Effect2 523 $20,645,913 Indirect Effect3 77 $3,814,047 Induced Effect4 100 $4,631,356 Total Effect 701 $29,091,316
1 Income and wages earned is the sum of business owner income and employee wages, salaries and benefits.2 Direct effect is the impact related to the initial spending by retired members.3 Indirect effect is the impact of supplying businesses responding to demand from the businesses where the initial retired member spending occurred.4 Induced effect is the impact of household spending by the business owners and employees of businesses where retired member spending occurred.
Top Ten Industries Affected (ranked by Jobs Supported)Industry Jobs Supported Income and Wages Earned
Supermarkets, liquor and other food/beverage stores 90 $3,718,521 Department stores, superstores and warehouse clubs 70 $2,532,061 Restaurants, bars and other eating/drinking places 66 $1,608,313 New/Used vehicle dealers and parts/accessories stores 29 $1,788,916 Real estate establishments 28 $386,530 Individual and family social assistance services 25 $612,682 Retail stores - sporting goods, hobby, books and music 22 $632,640 Retail stores - gasoline stations 21 $1,382,795 Vehicle repair and maintenance services 19 $815,079 Maids, gardeners and others in household operations 19 $262,119
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Congressional District 35OntarioCalSTRS Economic Impact 2011–2012
02/18