Damschroder: Pension tension over big bucks bonus

Damschroder: Pension tension over big bucks bonus

By John Damschroder, Columnist
Fremont News Messenger
August 25, 2021

During the short public comment portion of a daylong STRS Board meeting Thursday, multiple retired teachers made it clear they consider their pension fund to be parasitic, feeding lavishly excessive compensation for staff and hired consultants while callously ignoring the teachers paying those bills.

Their message was sacrifice should be shared, through a salary freeze and elimination of bonuses, so long as STRS is unable to pay a COLA and requires a subsidy from current teachers.

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