An STRS member speaks out the day after a Board meeting.....

June 17, 2022

I just read another glamorous report from our wonder boys at STRS. The are "ranked in the top 10% of pensions in the country. If the measurement is pay raises for phony executives and incompetent investment staff, then yes, this STRS staff is probably number one in the country. After all, they simply granted themselves a 6% percent pay raise and a 27% increase in bonuses. They, apparently just gave merit pay raised to the STRS staff. The Neville gang stated that those raises are not given year to year automatically, but the raises are based on performance. They performance objective is how can the monsters continue to maintain control of the board, and continue giving themselves pay and bonuses without doing anything for struggling teachers.  

The monsters must really be feeling the heat. They are constantly mailing these phony evaluations of themselves doing a great job. They must think that they can give themselves outlandish pay increases, and do nothing for teachers, and the chariot ride will continue.

They are also giving teachers a $20 reduction in health premiums. That looks like a chilling gesture. Trying to appease the teacher base with pretty much nothing while they are receiving ridiculous benefit increases.

They also just installed Carol Correthers as chairman of the board. That ought to be interesting. I guess the present board must think they can control the board with this kind of political move. We teachers need to show these monsters that we are going to take control of the situation as soon as we have a majority of the board.  Then, we can start concentrating on the teachers benefits improvements.