Minutes for the November 17, 2011 CORE Meeting

From CORE, November 21, 2011

After a rather lengthy morning STRS Board Meeting session, President Dave Parshall opened the November meeting of the Concerned Ohio Retired Educators (CORE) at 1:15 p.m. As president he welcomed new retiree Tom Batdorf and then had the other ten CORE members present introduce themselves as well.

The first item of official business was to accept the October minutes. Mary Ellen Angeletti moved that they be accepted; Richard Stearns seconded it. The minutes were accepted as written.

The president, who is also acting treasurer, announced that our treasury currently is fine.

President Parshall congratulated all who worked on the defeat of Senate Bill 5/Issue 2. He warned that we all must be wary and extra vigilant about what might lie ahead, however. The president also noted that ORTA did finally vote to oppose Issue 2 although it wasn’t a unanimous vote. In fact, it’s unclear if perhaps it was a narrow vote. Mary Ellen volunteered to make inquiries about the vote since it should be public knowledge (or at least knowledge to ORTA members).

The president spent the remainder of the meeting talking about GASB – and how it’s a potential problem for STRS, based on what was said at the board meeting earlier in the day – and the COLA, which is not a true “cost of living” adjustment. He concluded his comments by directing retirees to the “You asked the wrong question” paper, which is available on-line through Kathie Bracy’s Blog or on the CORE website.

Our brief meeting adjourned at 1:30 in order for members to return to the afternoon session of the STRS Board Meeting set to resume at 1:30. As we were leaving, President Dave reminded us that there would be no CORE meeting the month of December; our next meeting will be on January 19, 2012.

Respectfully submitted,

Marie M. Fetters

CORE secretary