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Examining the controversy surrounding the State Teachers Retirement System

2024-05-20

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Andrew Matlack

05-21

Second inaccurate statement in the first ten minutes… they would make more in another pension system or on Wall Street. STRS employees make a significantly higher salary than the average investment professionals in other pension systems even without the bonuses. That is public information.

Andrew Matlack

05-21

First thing I heard that was wrong in the first 10 minutes is that the cost of living compounds. It does not. It is based on the teachers final determined average salary every time it is awarded.

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