Bev Rice to STRS Board: Thanks to some, shame on others

From Beverly Rice, January 26, 2009
Subject: suspended bonuses

Thanks to all of you who voted to suspend bonuses and to change the board policy regarding bonuses awarded in the future. To those of you who voted not to suspend the bonuses, shame on you! You need to do everything possible to preserve the pension fund. As a board member, this should be your primary concern. Active teacher members had better hope that there will be money left when you retire someday.