Why don’t you just eliminate artwork/on-site child care/fitness center/lunch service/board and staff travel/bonuses, etc., and use the money on health care?
We share your interest in ensuring STRS Ohio manages all of its operating expenditures in an appropriate and prudent manner. We have made a number of changes in the past four years that we have shared through our newsletters and Web site. However, each day about $1.3 million flows out of the Health Care Stabilization Fund to pay for retiree health care coverage. Controlling expenditures is important, but these savings don’t create an ongoing, dedicated revenue stream for health care.
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- Why don’t you just eliminate artwork/on-site child care/fitness center/lunch service/board and staff travel/bonuses, etc., and use the money on health care?
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