A timely quote from an STRS retiree

" It is an outrage if the board hands out any more bonus checks to people (which I bet are planned in the newly adopted budget …..and it is equally an outrage that STRS total assets is still below the $81 billion we had in in 2008 when the stock market problems hit. It also is disgusting that when we hit $81 billion, the DOW was sitting at 12,000 points, which has jumped to over 24,000 points in the past 10 years.  The investment staff is simply NOT doing the job."