RH Jones: Those who retired with the 35 year/88.5% rule can take the hit to their COLA, but not the rest of us

From RH Jones, October 13, 2010

John and all:

You are absolutely correct! But, how about the two recently OH STRS Retired Board members who are supposed to represent us? Did not they retire with the 35/88.5% also? Those who retired with the 35/88.5% can take the hit to their 3% COLA. The rest of us can not afford to.

RHJones