pension overhaul

On Politics
7:48 pm
Fri February 14, 2014

TGIF: 17 Things to Know About Rhode Island Politics & Media

What a week in Rhode Island politics. Welcome back to my weekly column, and thanks for stopping by. As always, feel free to drop me a line at idonnis (at) ripr (dot) org, and to follow me on the twitters. Let's get snapping.

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RI News
3:43 pm
Fri February 14, 2014

RI Pension Deal Details Unveiled, Pension Board OKs Plan

State treasurer Gina Raimondo and Retirement Board member Michael Robinson announce the 6-1 vote on the proposed pension settlement.
Credit Catherine Welch / RIPR

The state retirement board voted in closed session Friday afternoon to approve a proposed pension settlement. The board met in executive session for nearly an hour, ending in a vote of 6 – 1, with 5 abstentions.

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On Politics
11:59 am
Wed February 12, 2014

Pension Settlement Appears Back on Track

State Treasurer Gina Raimondo during a 2011 pension meeting with state lawmakers
Credit Ian Donnis/File Photo / RIPR

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.

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On Politics
3:34 pm
Tue February 11, 2014

Fung Calls For Immediate Release of Details on Pension Settlement

Republican gubernatorial candidate Allan Fung is calling for the immediate release of details about a settlement of the state pension dispute.

The federal mediation service that oversaw more than a year of closed-door talks plans to unveil the details during a news conference Wednesday afternoon.

In a statement, Fung say it’s past time to let local officials on what was discussed during months of closed-door talks.

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On Politics
12:23 pm
Tue February 4, 2014

Caprio Wins Endorsement from Rhode Island State Association of Firefighters

Former state treasurer Frank Caprio has won a coveted endorsement -- from the Rhode Island State Association of Firefighters -- as he fights to regain his former office in a three-way Democratic primary.

The association represents almost 2000 firefighters across Rhode Island, encompassing 36 local unions.

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Pension Overhaul
9:29 am
Mon January 27, 2014

Exploring RI's Closed-Door State Pension Mediation

The two sides in Rhode Island’s ongoing lawsuit over the state’s pension overhaul meet today to update a judge on their efforts to reach a settlement.  The case has been in mediation for about a year now, but

little is known about how the closed door negotiation has been playing out. The outcome could have a major impact on the state’s bottom line, since architects crafted the pension overhaul to reduce the amount of money Rhode Island has to pay to retired state workers.

For more insight, we turn to Rhode Island Public Radio’s Political Analyst Scott MacKay.

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Political Roundtable
10:56 am
Fri January 24, 2014

Bonus Q+A: Ruggiero on 38 Studios, the Budget, the Pension Case & More

State Representative Deborah Ruggiero (D-Jamestown) joins Bonus Q+A this week to talk about Governor Lincoln Chafee's latest budget, 38 Studios, pension mediation, and many other issues.

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RI News
1:48 pm
Mon January 13, 2014

Raimondo Kicks Off Campaign For Governor, Rolls Out Ideas

State treasurer Gina Raimondo announces her bid for governor in Pawtucket.
Credit Ian Donnis / RIPR

Democratic gubernatorial candidate Gina Raimondo started fleshing out her vision for Rhode Island as she formally announced her campaign Monday morning.

Raimondo emphasized the economy, laying out ideas that include writing off some college loans to encourage grads to stay in Rhode Island, creating a funding formula for road and bridge improvements, and establishing an institute to foster growth-sector jobs.

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Politics
4:00 am
Wed January 8, 2014

Governor Chafee On His Legacy, 38 Studios, Pension Mediation & More

Credit Ian Donnis / RIPR

The new year marks the start of Governor Lincoln Chafee's final year in office. That's because he announced last year he wouldn't seek re-election. The Republican-turned-independent-turned Democrat has faced low public approval ratings since narrowly winning a four-way race for governor in 2010. Yet as part of this wide-ranging interview, Chafee asserts he'll leave a positive legacy for the state.

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Pension Overhaul
9:10 am
Mon January 6, 2014

Pension Debate Expected To Return To The General Assembly

State pension overhaul is expected to return to this year's legislative session.
Credit Kristin Gourlay / RIPR

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.

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