Superior Court Judge Sarah Taft-Carter, in a decision released Tuesday afternoon, approved the proposed settlement of Rhode Island's pension conflict.
The judge's action clears the way for the General Assembly to approve the pension deal, the last step needed for the settlement to go into effect. Taft-Carter recently held a multi-day hearing during which some current employees and retirees urged her to reject the settlement.
But the judge ruled that the deal meets the necessary legal standard for it to go forward.
A multi-day hearing to determine the fairness of the proposed state pension settlement started in Superior Court Wednesday. Fewer than 70 current state workers and retirees are expected to urge Judge Sarah Taft-Carter to reject the deal.
Governor Gina Raimondo marked her 100th day in office Thursday. Raimondo is taking part in several events to mark the occasion.
Along with two other appearances, Governor Raimondo is celebrating the 100th anniversary of two northern Rhode Island businesses, Yacht Club Soda and Navigant Credit Union.
Raimondo won election in November as the state’s first female governor. Since taking office, she’s dealt with severe winter weather and touted her proposed budget as a way to revitalize Rhode Island’s economy.
Documents to formalize a settlement of the state pension lawsuit were filed Monday in Superior Court . The settlement faces several hurdles to be completed.
Lawyers announced in court earlier this month that most public employee unions and retirees had agreed to a proposed settlement to the legal challenge over Rhode Island’s 2011 pension overhaul. The attorneys are now following up by filing documents outlining the agreement.
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