pension overhaul

Politics
4:00 am
Mon January 6, 2014

Speaker Fox Previews The Top Issues Facing the General Assembly in 2014

Credit Ian Donnis / RIPR

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.

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Political Roundtable
4:00 am
Fri January 3, 2014

Political Roundtable: Newberry on Pension Mediation, 38 Studios + The Race for Governor

Newberry on the House floor in 2012.
Credit Ian Donnis/File Photo / RIPR

House Minority Leader Brian Newberry (R-North Smithfield) joins Political Roundtable this week to discuss the possible fate in the General Assembly of the 2011 pension overhaul; continued fallout from the failure of 38 Studios; and the intensifying race for governor.

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RI News
10:31 am
Tue December 10, 2013

Lawyers On Either Side Of The Pension Debate Meet With Judge To Discuss Mediation

Unions are suing the state of Rhode Island over changes made to pensions two years ago.
Credit Kristin Gourlay / RIPR

Attorneys for the state and public employee unions met privately with a judge in Warwick Monday over the state’s pension overhaul.  Unions representing state workers are suing the state over changes made to the pension law two years ago. They say the changes are overreaching and unconstitutional.

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RI News
7:37 am
Mon October 28, 2013

Update Expected In Mediation Of State Pension Overhaul

A Superior Court judge is slated to get an update Monday on the status of mediation on the overhaul of the state pension system in 2011.

Judge Sarah Taft-Carter ordered the mediation in December 2012. That came after a series of public-employee unions challenged the pension overhaul in court. The unions claim that changes including cuts to benefits for retirees are unconstitutional.

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Politics
4:00 am
Fri August 16, 2013

Political Roundtable: Pension Talks; Sakonnet Tolls; Bishop Tobin's GOP Switch

Credit Ian Donnis / RIPR

Pablo Rodriguez joins the Roundtable this week as we discuss ongoing mediation over Rhode Island's pension lawsuit; the start next week of a 10-cent toll on the Sakonnet River Bridge; Roman Catholic Bishop Thomas Tobin's decision to become a Republican; and the US Justice Department stepping away from mandatory minimum sentences for drug crimes.

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Politics
8:52 am
Wed August 14, 2013

Conservative Group Praises Rhode Island's Pension Overhaul

State Treasurer Gina Raimondo has received praise for her work on pension reform from a conservative government group.
Credit RIPR FILE

A conservative group is praising Rhode Island for overhauling its state pension plan in 2011. The changes made to the plan remain the subject of a lawsuit in Superior Court.

In a new report, the American Legislative Exchange Council, ALEC, praises Rhode Island for making significant changes to reduce its long-term pension obligations. The Virginia-based group calls the changes a contrast from states that hold hearings and organize study groups without taking action.

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Politics
8:18 am
Wed August 7, 2013

Mediation Continues Between Unions and the State Over Pension Overhaul

General treasurer Gina Raimondo was critical to the 2011 pension overhaul, over which the two parties are now in mediation.
Credit RIPR FILE

Mediation is set to continue over the challenge by a series of public-employee unions to an overhaul of the state pension system in 2011.

The outcome of the case has big implications for the state.The two sides in the pension case have repeatedly asked for more time to mediate their differences. Following another such request, the next update is slated before Superior Court Judge Sarah Taft-Carter on September 5th. Taft-Carter was the one who ordered mediation in the case last December.

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On Politics
1:18 pm
Tue August 6, 2013

Mediation Continues in Unions' Legal Challenge to 2011 Pension Overhaul

Mediation will continue in the high-stakes legal challenge by a series of public-employee unions to the overhaul of the state pension system that became law in 2011.

Superior Court Judge Sarah Taft-Carter is scheduled to get the next update in the case on September 5, according to court spokesman Craig Berke. The hearing will take place in Kent County, since Taft-Carter is being assigned there this fall.

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RI News
3:17 pm
Wed July 24, 2013

Raimondo: Pension Fund up by 11%, but Vulnerable to Economic Crises

State Treasurer Gina Raimondo says state pension system earned 11.1 percent.
Credit file / RIPR

Rhode Island’s pension fund earned a return on its investment of a little more than 11 percent for the fiscal year that ended June 30th. But state Treasurer Gina Raimondo is sounding a warning about the future of the state’s pension plan.

The 11.1 percent earned by the state pension fund is a big improvement over the 1.4 percent return a year earlier. Still, Rhode Island fared a bit worse than the 12.5 percent earned by the country’s largest public employee pension system, CALPERS, over the same period.

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Morning News Podcast
10:26 am
Tue March 12, 2013

Tuesday, March 12, 2013

Rhode Island Governor Lincoln Chafee is coming under fire for not releasing a report on Medicaid and food stamps fraud.  The pension settlement reached between Providence and its workers and retirees has been approved.  These stories and more on the RIPR Morning News Podcast.

Do you have insight or expertise on this topic? Please email us, we'd like to hear from you.  news@ripr.org

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