Any last-minute voters out there who think STRS is the cat's meow? These words of wisdom from a seasoned, highly informed retiree might persuade you to think again and vote for the reform-minded candidate for STRS Board, Pat Davidson

From Bob Buerkle

April 29, 2023

STRS even lies to their own new employees in their welcome handbook. The 3rd sentence on page #3 says "STRS Ohio is one of the nation's leading retirement systems." Here's the link. file:///C:/Users/user/Downloads/47-900Ba_CYS-WrkBook_1222.pdf

It should read, STRS Ohio WAS ONE OF the nation's leading retirement systems UNTIL 2012, BUT SINCE THEN IT'S BECOME ONE OF THE WORST PENSION SYSTEMS. STRS IS PROVIDING NO COLA TO ITS RETIREES, FORCES TEACHERS TO WORK 5-9 YEARS LONGER TO RECEIVE AN UNREDUCED PENSION FORMULA, CHARGES ACTIVES 40% MORE IN CONTRIBUTIONS THAN IT DID 10-YEARS AGO AND IS THE ONLY PUBLIC PENSION PLAN IN THE COUNTRY THAT REQUIRES CONTRIBUTIONS OF 14% FOR A PENSION BENEFIT WORTH ABOUT 11%, ACCORDING TO THEIR OWN ACTUARIES.