Dennis, what you said in 2009 still holds true!
From John Curry, October 5, 2010
From Dennis Leone, June 10, 2009
Subject: Re: STRS Town Meeting at Apollo Career Center: Allen Co. RTA
Yes, you are correct. In fact, what I actually said in Lima (it's on tape) was that if active teachers are "grandfathered" in such a way that they will be allowed to take advantage of current retirement arrangements (i.e. 35-year/88% rule) -- which will help them for life -- then retirees should be likewise grandfathered with their COLAs. The reporter was a little mixed up on this issue. I also have said to many that taking away more from retirees cannot be the solution of the pension solvency problem.
Dennis Leone
From Dennis Leone, June 10, 2009
Subject: Re: STRS Town Meeting at Apollo Career Center: Allen Co. RTA
Yes, you are correct. In fact, what I actually said in Lima (it's on tape) was that if active teachers are "grandfathered" in such a way that they will be allowed to take advantage of current retirement arrangements (i.e. 35-year/88% rule) -- which will help them for life -- then retirees should be likewise grandfathered with their COLAs. The reporter was a little mixed up on this issue. I also have said to many that taking away more from retirees cannot be the solution of the pension solvency problem.
Dennis Leone
posted by Kathie Bracy at 5:22 PM
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