pension fund

Pension Overhaul
9:00 am
Tue April 8, 2014

What The Rejection Of The Public Pension Settlement Means For The State

After an initial rejection of a proposed settlement over public pensions, a judge has ordered parties back into mediation.
Credit Kristin Gourlay / RIPR

A judge has ordered the parties in a lawsuit over Rhode Island's pension overhaul back to the mediation table, after police voted to reject a proposed settlement. Many teachers, firefighters, state workers and retirees voted to accept the deal, which was reached after more than a year of negotiation.

Rhode Island Public Radio's Elisabeth Harrison sat down with political analyst Scott Mackay to figure out what the rejection means, and where the pension settlement can go from here.

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RI News
5:21 pm
Thu October 17, 2013

Union-backed Probe Blasts Raimondo's Overhaul of RI Pension

Council 94 paid Forbes.com contributor Ted Siedle $20,000 for a study critical of how State Treasurer Gina Raimondo is managing the state's pension fund.
Credit Catherine Welch / RIPR

A report commissioned by the largest state employee union claims Treasurer Gina Raimondo’s overhaul of Rhode Island’s pension system is enriching Wall Street investment managers. 

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