RH Jones: OH STRS officals take note

From RH Jones, August 25, 2009

To all:

Re: Inflation is inevitable; we need our COLA

PLEASE go to Inflationhell.com for a good lesson in dollar inflation. I hope all STRS officials take note.

It is my humble opinion that hyperinflation is coming. To take away any of our non-compounded 3% COLA is to put the OH STRS stakeholders in even deeper financial trouble. Any “take away” at this time is morally if not legally wrong.

I need to say no more,

RHJones, an elderly retired teacher OH STRS member annuitant stakeholder