To STRS: Could you give us the coordinates, maybe?

From John Bos, May 3, 2009
Subject: Value of STRS Investments April 1 on the STRS Website

Good Morning Mr. Slater,

Approximately 10 retirees and 2 board members have looked at the STRS website for the April 1 investment balance. No one has been able to find it.

Please direct us to the proper location. The amount was published by Laura (Everything is Wonderful) Ecklar in the board summary. This is a change from your recent email to me that this amount was not board action and would not be published. We all appreciate that this information was published.

As you are well aware, the number of "Malcontents" has increased by a significant number recently. More actives and retirees are monitoring the actions of the STRS Board and staff. The number of "active observer participants" in the retirement system will continue to increase until confidence returns. The recent suggestion by Mr. Mitchell that eliminating the 3% yearly increase (COLA) has REALLY ADDED TO THE DISCUSSION. His comment was MOST unfortunate to the retirees who have been forced to absorb the major impact of decisions regarding STRS financial concerns. The active participants and STRS associates have had minimal or no changes in their daily lives.

Thanks for your assistance in helping to locate where this information is published on the STRS website.

Sincerely,
John Bos