Friday, July 17, 2009

STRS COLA STATISTIC


From Mario Iacone, July 17, 2009

Tim Myers, Chairman of the STRS Board recently stated

that only 79 out of 109 pension systems give COLAs (cost of living adjustment), that most COLAs were in the 1.5 - 2% range, and that the 3% COLA was virtually unheard of.

There are NOT 109 U.S. Teacher Pension Systems.

At most there are 50.

How many of the Teacher Retirement Systems DO NOT PAY COLA?

TO BE FAIR, STRS Ohio should only be COMPARED TO OTHER TEACHER RETIREMENT SYSTEMS

What are those comparisons?

Larry KehresMount Union Collge
Division III
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