Thursday, March 25, 2021

John Curry: A Tale of Two Investors [No WONDER these people LOVE to work for STRS!!!!!]

From John Curry

March 25, 2021
A Tale of Two Investors
From the Ohio Treasurer's website of Pension System Salary most recent listings comes this story of two investors' wages!
Number 1 on this salary list is STRS's Mary Ellen Grant. May Ellen's salary was $376,670 AND HER BONUS WAS $289,283.
Grand Total = $665,953
Now...let's go down the salary scale list and find the highest paid Ohio Police and Fire pension system person....Theodore Hall. Theodore IS NUMBER 37 ON THE LIST - THAT'S RIGHT, #37. THEODORE IS THE CIO (CHIEF INVESTMENTS OFFICER) AT OHIO POLICE AND FIRE RETIREMENT SYSTEM. HE RECIEVES NO BONUS! His TOTAL salary was $327,018!
Grand Total = $327,018
WHAT'S WRONG WITH THIS PICTURE???????
MARY ELLEN MADE OVER TWICE AS MUCH WAGES AS DID MR. HALL FOR THE SAME YEAR!
P.S. Now do you see why the Administration at STRS did not want this salary schedule to go public?
Larry KehresMount Union Collge
Division III
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