Dennis speaks..............(but ORTA sure doesn't!!!)

From John Curry, April 17, 2010

Yes, Dennis....ORTA sat there and did their usual thing....."silence." It sure doesn't do anything for their membership nor retirees, does it? John

From Dennis Leone, April 17, 2010
Subject: RE: (Corrected Version) That's OK....Laura says "there's no urgency just yet."

Did anyone notice that ORTA sat quiet at the STRS Board meeting while Bill Leibensperger and HPA said that its perfectly fine to start cutting the COLA in 2011, but please please please delay the changes for actives as long as possible………….at least until 2015. Don’t even think about changing the final average salary rule from 3 years to 5 years until then, or later. No sir. By golly, protect those actives!

-------------------------------------------------

[To Jim McGreevy; Subject: If You Cut the COLA in 2011, Then Do The Same With the FAS]:
Oh, I forgot Jim. You’ve already told me that there is no relationship between hitting the retirees beginning in 2011, and not touching the actives until 4 or 5 years later. I see……….
Make sure you do what OEA wants you to do.
Dennis Leone