An STRS retiree writes to the STRS Board about the upcoming bonus vote for STRS staff members

August 17, 2022

 You are not listening to us!

1.   McFee, Rhodes and Walters: We voted you OUT!

2.   The other board members who are not listening, we will vote you out.

3.   We hired an expert consultant to look at the available data.  He says STRS is overpaying fees on investments.

4.   STRS MANAGEMENT AND STAFF DO NOT DESERVE BONUSES UNTIL RETIREES GET COLAS.

5.   Don’t you understand?  We come down every month to tell you that we have no confidence in the STRS Board, management, and investment strategy.

6.   Do not vote for the bonuses.  It will show some backbone and that you understand the need to reform.