James Carr on why we need Pat Davidson on the STRS Board
From James Carr
April 27, 2023
STRS increased active teachers' contributions from 10 to 14% and delayed their retirements, requiring them to work for 35 years. In addition, STRS reneged on it's promise to provide an annual COLA, forcing thousands of retirees to subsist on fixed incomes.
The question each and every teacher should be asking is, where did all our money go? All of us are recieving only a fraction of what we were promised when you consider that we are working longer, contributing more, and being robbed of a COLA that was supposedly prefunded.
The truth is, we are never going to get any answers from STRS unless the Board is controlled by reformers. That's why it's so important to elect Pat Davidson. Until that happens, the secrets will stay buried and our money will continue to vanish as it gets sucked into the giant black hole called STRS.
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