March 15 – COLA Panel

The 2017 MRTA Unit President Summit was a great success!  We have received many requests for a follow-up and summary of the COLA Panel section of the day.  This presentation featured three retired superintendents and MRTA Executive Director Jim Kreider summarized the COLA decision made by PSRS/PEERS.  The speakers presented some suggestions on making the system stronger and more responsive to retirees.   The presenters were kind enough to send their basic talking points and we have provided them below, along with a summary from MRTA President-Elect John Pohl.

MRTA Director Jim Kreider – Family Feud COLA Power Point 

John Pohl Summary

Tyler Laney – Notes

Dr. Terry Holder – Notes

Dr. Jim Sandfort – Notes

Articles by Dr. Jim Sandfort Regarding the COLA Decision
Of Beef and Boloney
It is Time to Say Thanks
Play Ball

 

2 thoughts on “March 15 – COLA Panel

  1. First of all, thanks to the COLA panel for meeting and taking a proactive
    interest on behalf of the PEERS/PSRS retirees of Missouri! The
    suggestions to the PSRS Board are extremely relevant and on target to
    help reinstate the COLA which retirees had and deserve! I am still
    astonished how many retirees STILL are unaware of what has happened!
    Yes, I asked a PEERS retiree and PSRS retiree this past weekend and
    they did not realize they did not receive a COLA this year! Can’t explain the complacency. I, for one, strongly agree with the Panel’s recommendations and comments to the PSRS Board! I hope this will
    provide better communication between the PSRS Board and MRTA so we retirees regain the COLA we are entitled to receive! Thank you all for your time and interest in this important issue!

  2. Yesterday in the St. Joseph, MO News-Press was an article about the electric bill (KCP & L) going up the first of July. KCP & L also can raise the rate twice a year for what is called “fuel adjustment”. In the same paper, only today (5-11-2017) they report that the sewer bill is going up 11%!!! The average sewer bill in St. Joseph will now be almost $60 per month! This is on top of water bill increases in the past several years. I know it is a little ways off, but how can we retired teacher’s continue to pay these utility increases when our yearly income is frozen (so to speak)?? We do need a COLA, and with none the past two years, the next one needs to be more than 2% just for us to barely stay afloat.
    Thank you, Melvin D. Kingery and Leslie K. Kingery, both retired teachers and MRTA members.

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