Saturday, March 10, 2007

RH Jones: That $66.5 million should go to HC and 13th check

From RH Jones, March 11, 2007
Subject: Ohio STRS to get 66.5 mil for AOL "cooking the books"
To the CORE leadership:
At the next CORE meeting with Damon, add Dr. Fluke's and my name to the list of those who wish the $66.5 mil to go to fund HC & to issue a 13th check this year. This money was lost to us at a time in early 2000 when, if we had it, it would have been spent on HC & 13th ck. funding. Spending the money in this way will help reestablish trust that our STRS is looking out for retirees.
RHJones
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From Molly Janczyk, March 11, 2007
: Unfortunately, it cannot go to HC, until unfunded liability is at 30 yrs or below as recommended by the state. I don't know about COLA or 13th cks.
Larry KehresMount Union Collge
Division III
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