pension reform

Economy
9:23 am
Wed February 12, 2014

Pension Settlement Unveiling Delayed

An announcement of the pension settlement has been delayed.
Credit Kristin Gourlay / RIPR

The details of a settlement that could end a legal challenge to a 2011 overhaul of the state pension system were expected to be unveiled Wednesday. But that announcement has been delayed indefinitely. 

Yet even when details are made public, what will happen next remains unclear.

Read more
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.

Read more
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.

Read more
Politics
8:23 am
Fri August 9, 2013

Good Government Groups Press Raimondo For Investment Transparency

Four groups are calling for more transparency of the hedge fund investments in the state's pensions.
Credit RIPR FILE

Four groups are calling on state Treasurer Gina Raimondo to release more information about hedge fund investments in Rhode Island’s pension plan.

The groups say they’re troubled by how Raimondo’s office, in a recent response to the Providence Journal, heavily redacted some details about the hedge fund investments. The four organizations are Common Cause of Rhode Island, the RI Press Association, and the state chapters of the ACLU and the League of Women Voters.

Read more