Uproar over PSRS executive salary figures

The Kansas City Star article, "Apple for the teacher, but luxury for the execs," detailed the salaries of the executive staff employed by the Public School Retirement System. The public including teachers, retired education personnel, and education support professionals have been in an uproar over the inflated compensation figures ever since the article was published Oct. 19, 2008. Missouri NEA is watching the situation closely. Below you will find Missouri NEA's response to the article, PSRS Board Chair Tina Zubeck's response and the response from PSRS/PEERS.

Missouri NEA's Response:
It goes without saying that Missouri NEA believes that it is vital that MNEA members have a secure retirement system. MNEA does not support the squandering of our members' pensions on expensive perks and continue to follow up in investigating the facts so that we can fully understand the situation.

Currently no MNEA members serve on the PSRS Board. Obviously, we need to make sure that we elect "watchdogs" to the board—members who will ask the tough questions and challenge any inappropriate use of our funds.

We will continue to keep you posted.

Response from the PSRS/PEERS Board Chair Tina Zubeck:
http://www.psrsmo.org/Response-KCStar.htm

Response from PSRS/PEERS:
http://www.psrsmo.org/Response-Detailed.htm