EdCal EdCal v48.3 7/24/17 | Page 3

July 24, 2017 EDCAL   3 a publication of acsa’s member services and  member assistance and legal support team | volume 36 Retirement Committee tackling CalSTRS issues “We might be called the Retirement Committee, but our work serves educators of all ages,” said Gayle Olson, Retirement Committee chair. The Retirement Committee is one of ACSA’s 24 standing committees and coun- cils whose leadership is critical to the impact ACSA has on issues specific to a job-alike or topic area. The most recent meeting was attended by CalPERS and CalSTRS representatives, including Karen Yamamoto, a retired teacher who was just appointed to the CalSTRS Board by Gov. Brown. Yamamoto stated that her goal was to reach out to retirees to keep them updated on CalSTRS activities. This comment provided a perfect segue to committee members like Dave Davini who stated his concerns around death ben- efits remaining unchanged for too long. “(The data) shows nearly 10,000 retired teachers who are living below a viable wage if they relied solely on their CalSTRS ben- efits,” Davini said. “Think about the poverty level of $11,770 and the Medicaid eligible level of $16,243 as well as the low income level for one person being $17,820 in relationship to our pensions. We do not want our former dedicated teachers and administrators liv- ing near the poverty level or at low income levels.” For many members on the committee, the situation is alarming, because while retirement systems are increasing payments from active members and employers, they believe the money is being used to unneces- sarily subsidize CalSTRS facilities, person- nel and other adminis