Business Excellence Awards
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By PBN Staff
With the announcement of a settlement in the lawsuits challenging a series of laws that changed pension benefits for public sector workers, Gov. Lincoln D. Chafee and General Treasurer Gina M. Raimondo touted the fact that the agreement removes the potential for an adverse verdict, thus locking in most of the gains made and costing far less than the original benefits package.
However, the agreement must be ratified by the unions involved, as well as the court and the General Assembly.
It will be subject to a great deal of scrutiny in the public eye. What do you think about it? Is it a good deal for the state? Or should the state take its chances at trial?