The once mighty, 50,000 member strong, Indiana State Teachers Association (ISTA) has been brought to itsknees, seemingly humbled not by “criminal” activity but by the avarice and incompetence of its officers and
“wildly speculative” investments by the directors of the ISTA Insurance Trust.
ISTA’s parent union, the National Education Association (NEA), placed the local in trusteeship less than a month ago and trustee Ed Sullivan is now running the show, replacing ISTA president Nate Schnellenberger after he had notified the NEA that the ISTA insurance trust had liabilities of $86 million and assets of only
$19 million. The trust had provided disability payments to 650 disabled Indiana Teachers and provided health care coverage for half the states teachers.
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Probationary teachers in New York City are treated as though they are disposable, which in fact they are.
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