Friday, October 16, 2020

Bob Stein's suggestion to STRS Board: Take back that 2% COLA we gave them!

From John CurryOctober 16, 2020
At yesterday's STRS Board meeting, Bob Stein (retiree board member) suggested that there might be a third funding source in addition to the "Contribution rates and Investment returns;" that being a take-back of previously granted COLAs to our retirees
Bob Buerkle has asked Director Neville's opinion as to whether this is a legal possibility at any time in the future for any STRS Retiree.
Larry KehresMount Union Collge
Division III
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