Linda Meinelt to Mike Nehf and STRS Board: Current retirees have no recourse; don't touch the COLA!

From Linda Meinelt, August 27, 2009
Subject: September 1 meeting

September 1 is a very important day for STRS retirees.

We are counting on you, Mike, and the Board to make the right choice for retirees. Don't rely on repeating what you did in Georgia. Leave the COLA at 3% for current retirees.

Future retirees have time to plan for changes that will be coming their way.

Current retirees have no recourse. They have had their health costs skyrocket, their out -of-pocket costs increase substantially and the 13th check disappear.

We are asking you to look deeper into the STRS costs including personnel and building expenses to find ways to cut those costs.

Please remember your commitment is working for the good of the STRS stakeholders.

Listen to what the speakers said at the last meeting and leave the 3% COLA !

Linda Meinelt
Retiree