ORTA President Karen Butt speaking on behalf of ORTA to the House Health and Aging Subcommittee on Retirement and Pensions re. HB 69

From John Curry, March 24, 2011

"Even though we are not truly happy to sacrifice a reduction in our COLA, we do support the reduction (from 3% to 2%) as part of the STRS Ohio plan to bring stability to our retirement program."

~ ORTA's Karen Butt

Note from John....I'm glad I'm not an ORTA member as I don't support taking ANY percentage of COLA away from current retirees.....IT CAN BE GRANDFATHERED AND SHOULD BE GRANDFATHERED! I wondered if Bill L., of the OEA, wrote Karen's speech?