Thursday, May 11, 2017

John Curry: the STRS investment staff should participate and retire in the same system they invest in

John Curry to Dean Dennis
May 11, 2017
Subject: Re: What STRS isn't doing
Dean...well stated. Another concept that I would like to see is that the STRS investments staff be forced to participate (and retire in) the SAME SYSTEM that they invest in ....rather than retiring in OPERS as they currently do. Maybe that would cause them to invest smarter and be more conscious and responsible with their investing. As it is now....if they make risky investments to pad their healthy bonuses and FAIL...they simply don't get the bonus....but their nice salary remains intact and the retirement system THEY retire in doesn't take a hit for their careless risk taking.
John Curry
Larry KehresMount Union Collge
Division III
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