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<font color="#000000" face="Arial" size="2"><font color="#000000"
face="Tahoma" size="2"><font face="Arial">A little over two
years ago STRS and the other four public service pension
systems proposed changes that would shore up the finances of
the systems. <br>
<br>
</font>
<p style="MARGIN: 0in 0in 10pt" class="MsoNormal"><font
face="Arial">The Ohio Senate is now taking the lead on
addressing this much delayed legislative business.<span>
</span>According to the Healthcare and Pension Advocates
(HPA), the STRS system’s bill is being drafted in the LSC
(Legislative Services Commission).<span>
</span>Language for the OPERS and the other three systems’
bills is also being generated.<span>
</span>The STRS bill could be introduced in the as soon as
May 7-11, with hearings May 14-18.
<span> </span>A Senate vote on the bills of all five systems
could take place at the close of that same interval (May
14-18).<span>
</span>Co-sponsors will be Sen. Niehaus and Sen. Kearney.<span>
</span>
As noted by The <i>Akron Beacon Journal</i> (April 25,
2012), “The pension systems want to manage better their
financial positions.<span>
</span>They have proposed as much.<span> </span>Now
lawmakers must get out of the way by giving their approval,
allowing the systems to get busy on the task.”
</font></p>
<p style="margin: 0in 0in 10pt;" class="MsoNormal"><font
face="arial">Now is the time to contact your state senator,
urging both support and rapid action.<br>
</font></p>
<p style="MARGIN: 0in 0in 10pt" class="MsoNormal"><font
face="arial">(The above information was provided by Dick
Hill, a member of the Ohio Council of Higher Education
Retirees [OCHER]).<br>
</font></p>
</font></font>
</body>
</html>
<head>
<meta http-equiv="content-type" content="text/html; charset=ISO-8859-1">
</head>
<body bgcolor="#FFFFFF" text="#000000">
<font color="#000000" face="Arial" size="2"><font color="#000000"
face="Tahoma" size="2"><font face="Arial">A little over two
years ago STRS and the other four public service pension
systems proposed changes that would shore up the finances of
the systems. <br>
<br>
</font>
<p style="MARGIN: 0in 0in 10pt" class="MsoNormal"><font
face="Arial">The Ohio Senate is now taking the lead on
addressing this much delayed legislative business.<span>
</span>According to the Healthcare and Pension Advocates
(HPA), the STRS system’s bill is being drafted in the LSC
(Legislative Services Commission).<span>
</span>Language for the OPERS and the other three systems’
bills is also being generated.<span>
</span>The STRS bill could be introduced in the as soon as
May 7-11, with hearings May 14-18.
<span> </span>A Senate vote on the bills of all five systems
could take place at the close of that same interval (May
14-18).<span>
</span>Co-sponsors will be Sen. Niehaus and Sen. Kearney.<span>
</span>
As noted by The <i>Akron Beacon Journal</i> (April 25,
2012), “The pension systems want to manage better their
financial positions.<span>
</span>They have proposed as much.<span> </span>Now
lawmakers must get out of the way by giving their approval,
allowing the systems to get busy on the task.”
</font></p>
<p style="margin: 0in 0in 10pt;" class="MsoNormal"><font
face="arial">Now is the time to contact your state senator,
urging both support and rapid action.<br>
</font></p>
<p style="MARGIN: 0in 0in 10pt" class="MsoNormal"><font
face="arial">(The above information was provided by Dick
Hill, a member of the Ohio Council of Higher Education
Retirees [OCHER]).<br>
</font></p>
</font></font>
</body>
</html>