pension

Political Roundtable
4:00 am
Fri April 10, 2015

Bonus Q+A: Walsh on the Pension Battle, Charter Schools, Gordon Fox & More

Robert Walsh of the National Education Association Rhode Island stopped by our studio to talk about the proposed state pension settlement; charter schools; the gag order in the pension case; Gordon Fox; and more.

Read more
On Politics
9:22 am
Wed April 8, 2015

State Retirement Board Takes Up Pension Settlement

The proposed settlement of Rhode Island’s pension conflict is slated for discussion Wednesday by the state retirement board.

An agenda for the meeting indicates the Employees Retirement System may discuss the pension issue during a closed executive session.

A settlement to end most of the court challenges to the 2011 overhaul of the state pension system was unveiled last Thursday. Governor Gina Raimondo says the deal preserves more than 90 percent of the savings from the 2011 overhaul.

The next court update on the settlement process is slated for Monday.

On Politics
5:19 pm
Fri April 3, 2015

TGIF: 19 Things to Know About Rhode Island Politics & Media

Thanks for stopping by for my weekly column, recapping another eventful week in Rhode Island. As always, your tips and feedback is welcome, and you can follow me on the twitters. Best wishes to my readers for Easter and Passover. Here we go.

Read more
RI News
6:36 pm
Thu April 2, 2015

Raimondo Says Pension Deal Helps RI Move Forward

Gov. Gina Raimondo addresses reporters about the proposed settlement agreement. State treasurer Seth Magaziner (left) joined her.
Credit Kristin Gourlay / RIPR

A proposed settlement agreement has been reached on public employee pensions. Gov. Gina Raimondo says she’s pleased with the deal.

The settlement agreement resolves six of nine lawsuits against the state of Rhode Island over retirees’ pensions. It preserves most of the savings Raimondo won from an earlier pension overhaul. But it gives back some benefits to retirees. Now, says Raimondo, the state can begin to put the issue in the rear view mirror.

Read more
RI News
4:21 pm
Thu April 2, 2015

Settlement Presented In Pension Case; May 18 Deadline For Implementation

NEARI executive director Robert Walsh talks with reporters regarding the proposed settlement.
Credit John Bender / RIPR

A Superior Court judge has set a timeline to move forward with a settlement in the court case over the state pension overhaul.

The agreement still needs approval from the General Assembly, and it would not completely end the long-running legal dispute. The deal would cost taxpayers roughly $32 million more each year to pay for pension costs, while preserving, according to Governor Gina Raimondo, about 90 percent of the savings from the pension overhaul she spearheaded in 2011.

Read more

Pages