A settlement that could end a legal dispute over the 2011 overhaul of the state pension system is expected to be unveiled Friday. The deal appears back on track after hitting a snag earlier this week.
The federal mediation service that has overseen more than a year of closed-door pension talks is set to hold a news conference (4:15 pm) at a state building near the Statehouse. The subject is expected to be a proposed settlement between the state and a series of public-employee unions.
Update: It looks like a settlement is back on; the federal mediation service plans to hold a news conference at 4:15 pm Friday.
A news conference to unveil a pension settlement Wednesday afternoon was abruptly postponed, although closed-door mediation in the case will continue. Meanwhile, the judge overseeing the dispute has also set a trial for September 15, in the event that a settlement can’t be reached.
The latest WPRI-TV/Providence Journal poll shows Angel Taveras clinging to a small lead among the three major Democratic candidates for governor, although the main takeaway is the wide-open nature of the contest.
What everyone in the Rhode Island political swirl should understand about the state pension overhaul settlement details that are due for release tomorrow: This is very likely to be only the beginning of a protracted process.
One thing we know for sure. Even if it is fair and reasonable, not everyone is going to like it. Some unionized state employees and teachers will not be satisfied with anything less than a full restoration of the pension benefits that were sliced dramatically in the 2011 special General Assembly pension session.
Gov. Lincoln Chafee, State Treasurer Gina Raimondo, House Speaker Gordon Fox and Senate President Tersea Paiva Weed met privately at the State House this afternoon for a 90-minute closed-door briefing on the proposed state pension overhaul legal settlement.
The settlement details are scheduled to be released on Wednesday. The parties to the pension lawsuit have been under a gag order by Superior Court Judge Sarah Taft-Carter for more than a year. None of the state officials in today’s meeting disclosed any settlement details.
This week brings crucial developments in the 2014 Rhode Island governor’s race: tomorrow a WPRI-Providence Journal public opinion survey releases veteran pollster Joe Fleming’s numbers on the race. Then on Wednesday, the most important new twist comes when the legal settlement in the 2011 state public employee pension overhaul is made public.
Campaign managers of the three main democrats running for governor met Monday to start hammering out a pledge to limit outside spending in the race. John Marion, president of the good government group, Common Cause, facilitated the two-hour meeting.
The so-called People’s Pledge made headlines in the Massachusetts senate race between Scott Brown and Elizabeth Warren. In that race the candidates agreed to discourage outside spending on TV, radio and the internet, but not direct mail.