Monday, September 18, 2006

From STRS: Process for Filling Retirement Board Vacancy Under Way

From STRS, September 18, 2006
At the September 2006 State Teachers Retirement Board meeting, it was announced that a letter of resignation had been received from Michael Billirakis, effective Sept. 15. Ohio statute and the board's administrative rules provide the framework for a process that enables the balance of the board members to elect a replacement for Billirakis at its Nov. 16, 2006, meeting.

To begin the process, contributing STRS Ohio members interested in filling this vacant position on the board should send a letter indicating their interest and a résumé to the attention of Damon Asbury, executive director, STRS Ohio, 275 E. Broad St., Columbus, OH 43215-3771. (Recipients of service retirement benefits from STRS Ohio are not eligible for this seat.) All letters will be forwarded to the Retirement Board. Upon receipt at STRS Ohio, these letters and any accompanying information may also be released in response to requests from the media and others.

According to board rule, each remaining member of the board may nominate one eligible candidate for the vacancy by Oct. 29, 2006. The executive director will then notify the individuals of their nomination and request biographical information. Each nominee will also be asked to attend the Nov. 16, 2006, board meeting, where each nominee will be interviewed by the board. Following this, the board will elect Billirakis' replacement through successive ballots. The individual chosen for this seat will hold it through Aug. 31, 2007.

Should the individual elected to fill Billirakis' seat want to continue in this seat beyond Aug. 31, 2007, he or she will have to run in the spring 2007 election. The process for that election begins with a mailing of notices to all STRS Ohio reporting employers and representatives of educational organizations by Dec. 1, 2006, announcing the upcoming election and providing information on how to obtain petitions. This information will also be posted on the STRS Ohio Web site in November. The four-year term for this seat begins on Sept. 1, 2007, and ends on Aug. 31, 2011. This is the only seat open for election in 2007.

Any questions about this process should be directed to the executive director at (614) 227-2868.
Larry KehresMount Union Collge
Division III
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