Friday, March 19, 2010

STRS health care...a not-so-pretty picture of funding shortfalls!

From John Curry, March 19, 2010
The two pages below were taken from the report entitled, "Report From Member Benefits Department - Health Care - March 18, 2010," that was obtained yesterday at the STRS board meeting. If anyone has any doubt on the sad shape of the STRS health care fund please pay particular attention to the second page! That miserable STRS 1% employer contribution (OPERS dedicates 4%) deposited into health care funding is certainly taking its toll, isn't it? Just think what it will mean in the future.

John
Click image to enlarge.
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