Some comments from listeners following the June 18, 2020 STRS virtual Board meeting

"Quoting Rita Walters “STRS is what it is because of the people who work for it...” while voicing her support for passage of budget with 1.6% increase for employees. Guess she forgets all the retirees and teachers who really are what STRS IS. Thank you to Gruber, Hunt, McFee, Price, and Steen who voted no due to the included increase. The budget however, was passed."

"She sure did give a build up on a prepared speech that supported the raise. Unbelievable! I am glad there was support from Gruber, Price, Steen, McFee, and Hunt."

"That speech was written by the STRS staff and she became their propaganda agent."

"And we, who paid into it, get nothing. Our cost of living increases also."

" Rita, you forgot to thank the behind the scenes people, THE OHIO RETIRED TEACHERS!""1.6% merit increase averaged over all employees, while we the members get 0%

"I just sent my latest message to the STRS Board after listening to an affirmative vote for salary and bonus increases for employees while retirees receive no cola and active teachers have seen a 40% increase in contributions along with 5-8 additional years of service retirement. I intend to follow-up with letters to ORSC, and my elected representatives. STRS is a "premier" system for employees, but not for those of us for whom the system was created."

"I listened to the entire meeting. First off those that presented data spoke in lingo most non-financial listeners could even understand. However, embedded in their speeches were their negative forecasts that should have made board members sit up and listen. If they could not grant a COLA, why bonuses? And to those who stated that in order to keep “qualified staff” they should be rewarded for their efforts with merit bonuses. Well, listen up! I was a “qualified employee” for 38 years, and you know what I received for my hard work? A paycheck. That’s what all persons who will receive these unnecessary bonuses should get. A paycheck. Nothing extra. And keep in mind STRS employees, you have a job, because we worked hard!!! To those who voted “no” I applaud you for taking a stand. And shame on the board member for giving a prepared speech and voting against those you represent, as well as the others who let us down, once again. No amount of charts and financial babble will ever convince me that these bonuses are warranted."