A settlement to Rhode Island's pension conflict may be announced Thursday.
House Speaker Nicholas Mattiello said through his spokesman that a settlement may be at hand. The state has offered modest improvements on a settlement offer rejected last year in an attempt to end the pension dispute. Hanging in the balance is $4 billion in savings for the state pension plan.
The judge overseeing the state pension conflict is slated to hear arguments on a number of motions Thursday. The window for voting on a proposed settlement ends Friday.
A series of public-employee unions are suing over changes made to their benefits as part of a 2011 overhaul of the state pension system. That conflict will move ahead in court next month, unless there’s a settlement in the case.