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.
One of the key issues facing the General Assembly in the new year is the fate of a significant overhaul of the state pension system in 2011. The new legislative session starts Tuesday.
State officials and public employee unions have held closed-door talks for more than a year in an attempt to settle a lawsuit over the pension overhaul. House Speaker Gordon Fox said he opposes any dramatic changes, because the overhaul alleviated pressure on the state budget.
With the General Assembly set to start its new session Tuesday, House Speaker Gordon Fox sat down to discuss the issues facing the legislature, including the latest budget deficit; fallout from 38 Studios; the possible impact of a settlement over the 2011 overhaul of the state pension system; tolls on the Sakonnet River Bridge; and more.
The 2014 political year kicks off in earnest with the start of a new legislative session Tuesday (and the lingering shadow of the unresolved closed-door pension mediation). Thanks for stopping by for my (slightly delinquent, slightly abbreviated) weekly column. Feel free to drop me a line at idonnis (at) ripr (dot) org, and to follow me on the twitters. Let's get to it.
Rhode Island’s General Assembly convenes a new session Tuesday. RIPR political analyst Scott MacKay explains why this year’s legislature may sound a lot like last year’s.
By now, most of us have cleared our heads of those New Year’s hangovers. That’s not the case for Rhode Island’s 113 lawmakers.
The 2014 Assembly that convenes tomorrow will resemble nothing so much as the …2013 Assembly. The reason for this is all too evident: As has too often been the case, the Smith Hill Crowd decided not to decide some big, prickly issues last session.
House Speaker Gordon Fox and Senate President Teresa Paiva Weed each say they intend to seek another term at the top of their respective chambers in 2015, provided they win re-election to their legislative seats next November.
In related news, Fox and Paiva Weed sounded different notes on the issue of repaying investors in failed video-game maker 38 Studios. The tab for taxpayers is set to increase in 2014 to $12.5 million dollars, up from $2.5 million in 2013 -- a factor that may resound in legislative elections in the new year.