Updated January 30 at 7:30pm
Pension Reform
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The state Employees Retirement System fund increased by $817 million in fiscal 2014 to $8.5 billion, Auditor General Dennis E. Hoyle reported this week. more
R.I. General Treasurer Gina M. Raimondo, who helped push through changes to the struggling employee retirement system, won the Democratic nomination to run for governor of the nation’s smallest state in November. more
Moody’s Investors Service upgraded Rhode Island’s credit outlook from negative to stable while maintaining an Aa2 bond rating, the agency announced Monday. more
(Updated, 5:40 p.m.) Gov. Lincoln D. Chafee said he is pleased with Judge Sarah Taft-Carter’s decision to grant the state’s request for a jury trial in the pension cases. more
Superior Court Judge Sarah Taft-Carter made the correct choice when she ruled last week that a jury should decide on the legality of a number of changes made to state employee pension plans. more