Trina Kay Prufer: STRS is a scandal waiting to be exposed
From Trina Kay Prufer
October 29, 2023
STRS is a scandal waiting to be exposed...
I do understand that the public does not have much sympathy for teachers. However, if this story is approached from the point of view of the tax payer, it just might have some traction.
STRS is supported by educators and the tax-paying public. It is a public entity, not a private corporation. Yet, its facilities, salaries, bonuses and worship of alternative investments reek of excess and malfeasance. STRS is CRYING POVERTY to the public… it wants to increase the tax payers' contributions to 18%, yet it is answerable to no one. There are some great visuals here…. The size of the building, its heated sidewalks and all the information available through a public records search. STRS is in a league of its own when it comes to blatant excess and squandering of other people's money.
Theoretically, the 18% could help us…. if we believed it would be used to restore benefits. Under normal circumstances, we should be all for it. But, does anyone believe, at this time, it would go towards making the lives of membership better? Money is like catnip to these people. They are intoxicated by their own sense of entitlement.
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