The Republican leader in the Rhode Island House of Representatives is urging lawmakers to reject calls to pay back bonds for failed video game company 38 Studios. Other state officials say a failure to pay back the bonds will hurt the state.
House Minority Leader Brian Newberry says the 6 Republicans in the House will unanimously oppose any effort to repay the 38 Studios bonds. He said legislative Democrats are rushing to judgment on the issue without having done their homework.
Gov. Lincoln Chafee is shrugging off news that New York City Mayor Michael Bloomberg is holding a fundraiser this week for state Treasurer Gina Raimondo.
Bloomberg stumped for Chafee in the 2010 governor’s race calling him one of the nation’s most effective leaders. Channel 12 reports that Bloomberg is hosting a fundraiser Thursday for treasurer Gina Raimondo, who is expected to run for governor.
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.
Six people with disability pensions through the state retirement system received almost $560,000 in overpayments, an audit shows.
The findings were announced by state Treasurer Gina Raimondo, who chairs the state Retirement Board. She says they were revealed by the Employees' Retirement System of Rhode Island (ERSRI) and the auditing firm of Sullivan & Company.
Raimondo says the overpayments took place between 2001 and the end of 2011.
The start of June has done nothing, naturally, to stop the breakneck flow of news in the Land of The Gift That Keeps on Giving. So welcome back to my weekly column. You can reach me at idonnis (at) ripr (dot) com, and (please) follow me on Twitter. Let's head in.
Robert A. Walsh Jr., executive director of the National Education Association Rhode Island, joins the Roundtable this week to discuss state Education Commissioner Deborah Gist; conflicting views on economic development; the debate over defaulting on bonds for 38 Studios; and Council 94's hiring of a prominent critic of state Treasurer Gina Raimondo.
Robert Walsh, executive director of the National Education Association Rhode Island, joins Bonus Q+A for a discussion of pensions, President Obama, public education, and the Democratic field in next year's race for governor.