RH Jones: A pending meeting with State Rep Bob Otterman and where can RH (and maybe the rest of us) sign up for OFT-R?

From RH Jones, February 14, 2006; Subject: A meeting with state Rep Bob Otterman (D)

To all:

In preparation for a meeting with State Rep. Bob Otterman, who is a STRS retiree, Dr. K. Fluke and I will not be able to attend the STRS BD or the CORE meeting this week.

Fluke and I strongly concur with OFT's Tom Mooney, especially concerning the OFT's resolution to back legislation for the STRS employees switching from paying into OPERS to paying into our STRS. The fact that these employees are not teachers should not be a concern. The concern is, if it is their retirement system too, that they most certainly will be more motivated to be prudent with our money, our investments and will behave more ethically than some have in the past. The STRS management and investment staff employees should definitely be in STRS as members. The rest is up for debate.

The recent OPERS newsletter stated that their HC is good because there are more of them paying in. If OPERS is so large, losing the few STRS employees should not be a problem. Fluke and I brought this up years ago, but could not get the OEA,OEA-R or ORTA to act on it; finally, the OFT has. The transfer of employee money already in OPERS could, in this computer age, be easily transferred to the STRS. This is a good idea whose time has come.

Where do I sign up for OFT-R?

RHJones, CORE, OEA, OEA-R, and ORTA Life member & an OFT "wannabe".
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Comment from Molly Janczyk: This was an old article sent to me. I should have ck'd first. It is NOT recommended by OFT to pursue this as legislators feel we have it good and it may raise more harm than good.