Nancy Hamant to Rep. Chris Widener: Help us help ourselves by supporting HB 315
Subject: HB 315
Pleasant Plain, OH
A forum for Ohio educators interested in bringing needed reform to our pension system (STRS Ohio). John Curry (strswatchdog@yahoo.com) researches many issues related to STRS Ohio and contributes them to this blog. Contributions from others are welcome, and may be sent to Kathie Bracy (kbb47@aol.com).
A Resolution of Support
Whereas, according to the Ohio Revised Code 3307.15, the State Teachers Retirement System is governed by a Retirement Board consisting of five elected contributing teacher members; two elected retired teacher members; an investment expert appointed by the governor; an investment expert appointed jointly by the speaker of the House and the Senate president; an investment expert designated by the treasurer of state; and the superintendent of public instruction or her designated investment expert,
And
Whereas we believe that the duly elected and appointed members of the Retirement Board should have the sole responsibility for establishing and voting upon all policies governing the actions of the State Teachers Retirement System,
And
Whereas the Executive Director of the State Teachers Retirement System has, in several instances, usurped the power to establish policy and practices,
And
Whereas the Board of the State Teachers Retirement System has failed to take action to delimit the ability of the Executive Director in such matters,
And
Whereas State Teachers Retirement Board member, Dr. Dennis Leone, on October 19, 2007, made a motion to establish such limits by changing language in existing Board policy entitled : “Delegation to the Executive Director“, on page 41 paragraph B of the Board Policy Manual. A motion that was subsequently tabled;
Therefore the membership of the Warren County Retired Teachers' Association at its meeting on Monday, November 5, 2007 voted to send this resolution of support for Dr. Leone‘s motion to the Board of the State Teachers Retirement System along with the request that the Board, at its November 2007 meeting bring Dr. Leone‘s motion to a vote and enact the policy changes therein."
Enacted this 5th day of November, 2007
For the Warren County Retired Teachers' Association:
Ms. Barbara Carvey, President
Mr. Ryan Holderman
Labels: Dennis Leone, Motions, STRS, STRS Board
Labels: Damon Asbury, Executive Director, STRS, STRS Board
To the STRS Board:
I support Dennis Leone's motion to require board approval as stated in the existing STRS Board Policy for any compensation to employees or any other major decisions. It is the board's responsibility to make these decisions and it is neglecting its duty if this is not done. Also please correct the amended policy to eliminate any contradictions or possibility of misunderstandings.
I appreciate all the time you spend in conducting the board's business on our behalf and I hope you will do your best to do the right thing.
Brad Walton, Pres, Knox County RTA
Labels: Board policy, Dennis Leone, Motions, STRS Board
To all:
To the STRS, members, the board and employees:
A supine STRS board enabled the Executive Director to have unnecessary power to skirt the checks and balances of the STRS guidelines, especially concerning the STRS employee compensation. I strongly suggest that the STRS board members endorse Dr. Leone’s corrective initiatives.
For too long retirees have had to shoulder the increasingly heavy burden of supporting the devaluation of the dollar, far right wing-controlled school district boards and a similarly controlled State Board of Education, enabling unions, and a passive STRS board.
Too many board/employee extravagances have been allowed. While the great STRS financial return of the 27.7% is very commendable, my STRS board and employees should not, by their actions, jeopardize the sorely needed HB 315. Without HB 315, even with continued great financial returns, the STRS will not be able to sustain retired educator health care (HC). Consequently, everyone in Ohio loses.
I urge you not to marginalize the importance to all the STRS members of the passage of HB 315. By your passivity, do not ignore your shared responsibility to follow the ORC 3307.15. We may expect some members of school district boards to be ignorant and supine toward retired educators, but not those of you who have the awesome responsibility of serving on the STRS board. You are educated, and should not be fooled by the far-right wing philosophic rhetoric. They would think nothing of having retired educators, as in the Great Depression, once again selling apples on street corners.
Being alert to the proper checks and balances of proper STRS guidelines will keep negative publicity from endangering passage of HB 315. Please be aware of that.
Sincerely,
Robert Hudson Jones, a retired STRS member
Larry Kehres | Mount Union Collge Division III |