The proposed settlement of Rhode Island’s pension conflict is slated for discussion Wednesday by the state retirement board.
An agenda for the meeting indicates the Employees Retirement System may discuss the pension issue during a closed executive session.
A settlement to end most of the court challenges to the 2011 overhaul of the state pension system was unveiled last Thursday. Governor Gina Raimondo says the deal preserves more than 90 percent of the savings from the 2011 overhaul.
The next court update on the settlement process is slated for Monday.
An audit shows that six state retirees received a combined overpayment of almost 560-thousand dollars in disability pensions. The state retirement system is working with law enforcement to determine whether to pursue criminal or civil charges against the individuals.
In a statement, state Treasurer Gina Raimondo said the retirees received the overpayments between 2001 and the end of 2011. Raimondo, who chairs the state Retirement Board, said disability pensions have been suspended for the six individuals.
There's a well known Yiddish expression you may have heard: Der mentsh trakht un Got lakht. Translation: Man plans and God laughs. How often does it happen that your best laid plans get turned upside down by some unexpected development in your life? As Harry Sterling reminds us, sometimes what lands on our doorsteps -- both literally and figuratively -- has a way of reminding us not to be too confident when we map out our paths.
The Rev. Dr. Harry Sterling retired in 2003 from a career conducting research in health and human services and lives with his wife on Prudence Island. Sterling learned to sail in a small cat boat; these days he reads, writes, and volunteers in a variety of community organizations. He and his wife were adopted by a feral kitten, who, after a violent storm, decided to live inside.