News and Events
- Published on 15 May 2013
SoftSol is happy to announce that CalSTRS, after an open and thorough procurement process, has placed their trust in our organization by awarding us with a project to perform their Pension System Data Analysis.
CalSTRS, with a portfolio valued at $150.6 billion as of June 30, 2012, is the largest teacher pension fund in the United States and serves California’s 852,000 public school educators and their families from the state’s 1,600 school districts, county offices of education and community college districts.
CalSTRS is embarking on an effort to replace its current pension administration system START, and sought a reliable firm who has performed services similar in size and nature to accomplish this task. CalSTRS currently uses START to manage and administer the State Teachers’ Retirement Plan for employers, members, participants and their beneficiaries. The START database, the primary source of pension administration data, is approximately one (1) terabyte in size.