The California State Teachers’ Retirement System (CalSTRS) is likely to return nearly 20% on its investments in its fiscal year ended June 30, Pensions & Investments reports. The returns will be the second or third highest for the $154.6 billion system.

The system returned 12.7% in the 2009-2010 fiscal year. The pension system lost 25% on its investments in the previous fiscal year.

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