TOWN HALL MEETING
at
Sidney High School Auditorium
Sidney, Ohio
1:00 p.m., Friday, June 12, 2009

Guests include: STRS Board Member, Dr. Dennis Leone; newly elected STRS board members; State Senator Fred Strahorn; and State Representative Richard Adams

• Your presence at this meeting is extremely important because large numbers of people who voice a common concern get the attention of officials. Join us and voice your opinion.

Reservations are not required, but the planning committee would appreciate RSVPs and any advance questions/concerns via e-mail to:

Jim Conard jlconard@embarqmail.com or Leon Knore attaway2000@yahoo.com or
Brooks Ware bware@woh.rr.com

Educators, did you know????

• There may not be enough money left in the teacher retirement fund for future retirees.

• STRS had assets as of 10/31/07 totaling $80.1 BILLION. The most recent calculations in April, 2009, show $47.6 BILLION in assets.

• While losing money, bonuses over $205,000 were given to ten STRS associates with salaries over $210,000 for a total take-home pay of more than $521,600 for two investors. (That's more than the U.S. President's pay!).

• STRS increased 2009 salaries for two investors by $39,500 (14.6%) for a total of $309,500 each! 33 investment associates received raises between $10,000 - $39,500; 27 received raises of $5,000 - $9,999.

• An STRS official publicly stated, "Teachers think this is their money. It's not; it's OUR money."

Is the STRS Board doing its job?

The Ohio Revised Code 3307.15 states the STRS Board and officials need to "...discharge their duties solely in the interest of the participants and beneficiaries..."

Changes ARE going to occur at STRS.

You have an opportunity to learn about the latest events at STRS and voice your concerns at the June 12, 1:00 p.m. Town Hall Meeting at Sidney High School:

Sidney High School
1215 Campbell Rd
Sidney, OH 45365

Map, directions

Website: http://www.sidney.k12.oh.us/schools/shs/

May 15, 2009