Why What’s Happening to Marguerite Nedreberg Should Matter to You
The Ohio Health Care Program, the agency of the Ohio State Teachers Retirement System (STRS) in Columbus, Ohio that provides access to medical coverage to retired faculty in the state’s public two and four-year colleges and universities is in trouble. According to the Report to Members, 2002, an annual summary of STRS benefits, between July 1, 2001 and June 30, 2002 the program received $460 million from public schools, colleges and universities and from premiums paid by retired faculty and spent $438 million on medical coverage. A first glance, this looks like a gain of $22 million. However, during 2001-2002, […]