Dr. Robin Rayfield, STRS Retirement Board Meeting, August 15, 2019
Greetings STRS Board of Trustees and Staff. My name is Robin Rayfield and I represent the Ohio Retired Teachers Association. I am a STRS beneficiary, having retired in 2011 after 30+ years of service.
Cut all expenses by 5-10%. Decrease the 57 Stock Brokerage Companies now used, as well as the 116 Alternative Investment Groups. Negotiate lower external management fee schedules. Show “good faith” to retirees & actives by not increasing employee wages or paying bonuses. Review the operational costs of this facility. Does this building meet STRS needs going forward for the next 2-3 decades?