Sunday, May 28, 2028
Saturday, February 28, 2026
STRS board meeting dates
Friday, February 27, 2026
Friday, April 11, 2025
Friday, March 10, 2017
Friday, February 24, 2017
Thursday, September 15, 2016
Note from this blogger.....
Sunday, May 15, 2016
Gettin' a little tired.....
Friday, April 29, 2016
I know, it's weird.........
Wednesday, February 24, 2016
This is an abbreviated version of the original 'Handy links' post. Click here to view a more complete list. (Some of it is old.)
Dennis Leone's STRS Report to ORTA, March 2007
Tuesday, February 23, 2016
Tuesday, March 18, 2014
Did you get that little blue Aetna card from STRS for your flu shot?
In 2011 Aetna began offering the Flu Care card to large self-insured employers and groups. Meadows got one because he has a Medicare Advantage plan as a member of the State Teachers Retirement System of Ohio.The perk to the card, says Aetna, is that it serves as a reminder to get the flu vaccine and helps expedite the paperwork process for the consumer."As with most consumer financial products, the cards' terms are "take it or leave it" propositions that can't be negotiated, said Cordray, a former Ohio attorney general."They encourage you to use the card with this easy-to-understand language and marketing material, and in the same envelope include a confusing legal agreement that I don't think most people in their elderly years would understand enough to know what they're giving up," said Meadows. "That seems like a shame to me.
|The flu shot card Aetna sent to Bruce Meadows of Mason was actually a prepaid card from Citi. (Photo: The Enquirer/Joseph Fuqua II )|
|“I don’t think most people in their elderly years would understand enough to know what they’re giving up,” Meadows says.(Photo: The Enquirer/Joseph Fuqua II)|
Thursday, March 13, 2014
Rich DeColibus on Portfolio Districts: The New Trojan Horse
March 7, 2014
The published policy literature advocating implementation of the portfolio model and its elements most often makes assertions without providing credible evidence for its claims. For example, all of the relevant six articles available from the scholarly database Academic Search Premiere write favorably of the portfolio model, but none of them either constitute or reference careful empirical study reviewed by a community of policy scholars. Much of such advocacy writing published about the portfolio model and its constituent elements is generated by authors housed in or connected to policy think tanks that tend to have political and policy agendas. Lacking to date are studies by independent scholars who are concerned with accurate information rather than with a result supporting a preconceived policy agenda.
Rich DeColibus, retired educator, is former president of the Cleveland Teachers Union. Ms. Pogrebinsky is currently running for that position.
Dispatch: Lawmakers unhappy with pension plan
Thursday, March 06, 2014
STRS letter to Ohio Retirement Study Council: Our plan for the 30 year unfunded liability
88 East Broad St., Suite 1175
• Gradually increasing the age and service requirements for retirement to 35 years of service and age 60 (for unreduced benefits);• Calculating pensions on a fixed formula of 2.2% for all years of service;• Increasing the period for determining final average salary to the five highest years of earnings;• Gradually increasing member contributions to the system to 14% of salary;• Reducing the cost-of-living adjustment (COLA) — No additional COLA paid in fiscal year 2014; COLA is deferred for five years for future retirees and all future COLAs are reduced to 2% of the original benefit (not compounded); and• Increasing the cost to purchase most types of service credit to 100% of the liability created by the service purchase.
STRS Ohio is focused on reaching a 30-year amortization period for its defined benefit plan
Here's STRS's reply to the ORSC that didn't make Wachtmann happy
Monday, March 03, 2014
School district treasurer calls out a legislator for not fixing school funding.....compares it to STRS
I read an article today that earlier this week you were quoted in an article about pension oversight. The article said: The state's lead lawmaker on pension oversight (State Representative Lynn Wachtmann) said this week that leaders at the State Teachers Retirement System (STRS) are "thumbing their nose at the Legislature" by not submitting a hard-and-fast plan to improve long-term funding.I find this very amusing because it is like the kettle calling the pot black. The State Legislature has been told by the Ohio Supreme Court of Ohio to fix school funding, not once but FOUR times over the last 10 or so years and yet you and the rest of the State Legislatures have thumbed your nose at the highest state court in Ohio. Looks like STRS has learned from you. If you are not embarrassed over the comments you made, you should be.