A superintendent writes, after reading Dennis Leone's STRS Update of Jan. 16, 2009

January 20, 2009

I for one believe in being pro-active whenever possible. Let's learn from the recent difficulties and set our pathway on more solid footing for the future.

------

Perhaps a rubric that sets qualifications for future bonus payments [should] be clearly spelled out, as well as criteria for changing the rubric to those of us who are or will be affected by it. Many of us who presently work and who will be relying on STRS for years to come, consider conservative approaches to bonus payments a baseline necessity. Should a bonus represent a reward for outstanding performance or is it an expectation? There are many highly qualified people in the financial industry who are seeking a position such as the ones presently held at STRS. I am shocked that this was not a unanimous vote in support for this needed change.