Molly Janczyk to STRS Board re November vote on Dennis Leone's motion

From Molly Janczyk, October 28, 2007
Subject: Dr. Leone's motion

STRS Board: Please support Dennis Leone's motion for language to require the enforcement of existing STRS Board policies designed to restrict the Exec. Director's ability to establish, on his own, without STRS Board approval, STRS employee compensation and fringe benefits. This motion is up for your vote at the Nov. Board Meeting.

I would further request this vote take place at the Thurs. session for the STRS Nov. 2007 Board Meeting as it is of major importance to STRS retirees.

Prudence and oversight of retiree monies is fundamental to every Board Member's fiduciary duty as is existing Board policy.

Molly Janczyk

STRS Retiree