Apples to apples - If STRS Investment associates worked for Colorado PERA retirement system

From John Curry, November 7, 2008

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It is interesting when one steps out of Ohio, like is sometimes told STRS retirees when bonuses are compared between Ohio STRS associates and Wall Street investors. In this trip out-of-state let us visit the state of Colorado and its public employee retirement system; PERA (Colorado Public Employees' Retirement system) and it's 30% "cap" on investment associates' bonuses. Let us take to top 10 STRS bonus recipients and place them in the employ of the Colorado PERA... just for the sake of comparison, you know...apples to apples:

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The scanned page contained in this email (page 3-22) comes from the Colorado Public Employees' Retirement Association Performance Audit 2005. A link to this page and study is found here: http://www.leg.state.co.us/OSA/coauditor1.nsf/All/C22576092152ECEF8725706C0051B71B/$FILE/PERAAdminExpensePerfAug2005.pdf
This is a 37 page Adobe download.

John Curry