Congressional District 35 - CalSTRS · CD 35 $ 72,404/year STATEWIDE $ 75,561/year Average Age of...

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INSTITUTO SUPERIOR DE ENGENHARIA DE LISBOA Área Departamental de Engenharia Eletrotécnica de Energia e Automação + Comando e Proteção de IGBTs em Paralelo MYKHAYLO VALERIYOVYCH ZAHYKA (Licenciado) Trabalho Final de Mestrado para obtenção do grau de Mestre em Engenharia Eletrotécnica - ramo Automação e Eletrónica Industrial Orientadores: Professor Doutor Luís Manuel dos Santos Redondo Professor Doutor José Gabriel da Silva Lopes Júri: Presidente: Professor Doutor João Hermínio Ninitas Lagarto Vogais: Professor Doutor Luís Manuel dos Santos Redondo Professor Doutor Hiren Canacsinh Outubro 2015

Transcript of Congressional District 35 - CalSTRS · CD 35 $ 72,404/year STATEWIDE $ 75,561/year Average Age of...

Page 1: Congressional District 35 - CalSTRS · 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

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%)

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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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Page 2: Congressional District 35 - CalSTRS · 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

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

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