Speculation continues about whether a settlement will emerge from closed-door pension mediation as soon as next week.
The head of the Rhode Island League of Cities and Towns, Daniel Beardsley, is worried that a settlement could hike pension costs for communities by more than $100 million. The league outlines its concerns in a new white paper. But as Beardsley says, it remains unclear if the General Assembly will be receptive to approving a settlement.
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.