The state Retirement Board is slated Wednesday to consider revoking a pension for a former legislative leader convicted of corruption. Gerard Martineau was sentenced to more than three years in prison for his crimes.
Martineau pleaded guilty in 2008 to charges that he used his influence to help the CVS drug store chain and Blue Cross & Blue Shield of Rhode Island while doing hundreds of thousands of dollars in business with them. Martineau, a Woonsocket Democrat served 15 years in the House, rising to the number two position of majority leader.
The potential revocation of Martineau’s legislative pension is among the items on the Retirement Board’s agenda for Wednesday.
State Treasurer Seth Magaziner chairs the Retirement Board. In a statement, Magaziner says the board will make a — quote – “appropriate determination” while taking Martineau’s record into account.
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