Dennis Leone: Proposed Amendment to Board Policy Entitled “Board Member Travel and Expenses”

Proposed Amendment to Board Policy Entitled

“Board Member Travel and Expenses” (Pages 17-19 of Policy Manual)

By Dennis Leone

November 16, 2006

1. STRS funds will not be utilized to purchase credit cards for Board members and board members will not be issued credit cards by STRS.
2. STRS will not permit payments or reimbursements to Board members for long distance telephone calls that are not connected to STRS business.
3. STRS will not pay for overnight lodging in Columbus for Board members after Board meetings, absent adverse weather-related conditions and/or a mechanical breakdown of said Board member’s motor vehicle.
4. STRS will not pay for overnight lodging for Board members on the day AFTER conferences end, absent adverse weather-related conditions and/or the cancellation of Board member’s airline flight.
5. STRS Board members who wish to attend conferences requiring airline transportation are required to secure their reservation at least 30 days in advance. Board members who choose not to secure airline reservations at least 30 days in advance will be required to pay the difference in cost between the two tickets.
6. STRS will not pay any additional fees charged by airline companies when ticket reservations are charged by Board members due to personal reasons – before or after conferences.
7. Board members will not be reimbursed for expenses associated with attending a meeting unless documentation can be provided by the organization inviting the Board member that stipulates the Board member was invited to speak at said meeting.
8. Exceptions to the above policy amendments will require a majority vote of the full STRS Board.

Proposed Amendment to Board Policy Entitled “Code of Ethics”

1. STRS will not pay for or provide computers, home Internet connections, home telephones, cell phones, or fax lines for Board members. Board members will be permitted to check out STRS laptop computers immediately prior to the first day of business associated with a Board meeting or an approved conference, assuming – of course – that said laptop computer will be used only for STRS-related business and not for personal business.