Sunday, September 20, 2009

RH Jones: The Board's decision will come back to haunt us

From RH Jones, September 20, 2009
Subject: Decision to pay bonuses a bad one
To all:
Linda is correct. And, I think the Board's decision to pay the bonuses will probably cause an uproar from the ultra-conservatives who want to destroy our OH STRS Defined Benefit Pension System. How shortsighted of those who voted for the bonuses; this mal-judgment will come to haunt us in the future. If the employees and the board continue to make such ill advised demands on the system, they must realize that it will hurt their retirement perhaps even worse than ours.
That is my opinion,
RHJones
Larry KehresMount Union Collge
Division III
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