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Mr. Wright was born on September 22, 1930. Mr. Wright
worked for the Ohio Public School System for 21 years, the first
10 years as a high school teacher and the remaining 11 years as a
high school principal. During his tenure, Mr. Wright was a
member of STRS. In February 1977, Mr. Wright suffered a mental
and emotional breakdown which left him permanently disabled with
respect to his teaching profession. Mr. Wright was granted
disability retirement in August of 1977 from the Ohio Public
School System and his job as the principal of Granville High
School in Granville, Ohio.
From 1977 to 1983, Mr. Wright reported disability retirement
benefits received from STRS primarily as ordinary income in
accordance with the Forms 1099-R, Distributions from Pensions,
Annuities, Retirement or Profit-Sharing Plans, IRA’s, Insurance
Contracts, Etc. In 1983, after talking to friends and family
members and after his own investigation of Internal Revenue
Service (IRS) publications, Mr. Wright decided to treat his
benefits as 60 percent includable in gross income and 40 percent
excludable from gross income based on his alleged 8-percent
contribution rate and an alleged 12-percent contribution rate by
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Last modified: May 25, 2011