Dean Dennis: WILL OUR NEXT GOVERNOR HELP OHIO'S RETIRED TEACHERS?

From Dean Dennis, September 29, 2018 

On November 6, 2018, Ohioans will be electing a new governor. The next Governor of Ohio needs to know that current Ohio STRS retirees are not receiving a COLA because 

1) Ohio's General Assembly turned over control of our COLA to Ohio's STRS Trustees.

 2) Ohio's STRS Trustees then adopted an arguably low earnings assumption which is 114 basis points (7.45% adopted, 8.59% earned) lower than what they actually earn over the current 30 year, legislatively required, funding period. 

3) In turn, Ohio's STRS Trustees used this unjustifiably low earnings assumption as an excuse to withhold paying out Ohio's retirees their promised COLA. Ohio's retiree's could lose six years of COLA's by May of 2022, the time the trustees stipulated they would revisit the COLA. Any Governor of Ohio should be appalled that teachers who dedicated their lives to Ohio's children are being treated in this manner.

Mike DeWine and Richard Cordray both are making Ohio's children one of their top priorities. But are Mike DeWine and Richard Cordray willing to make Ohio's teachers a top priority? Will Richard Cordray or Mike DeWine publicly commit that Ohio's retired teachers are deserving of their COLA and commit that if elected, they will make sure we have a COLA? Let's find out. Contact each one and ask. You can use this information or tell your own story. Here are their email addresses, please cut and paste and send them a message:

Mike DeWine: info@mikedewine.com
Richard Cordray: info@cordrayforohio.com