Pension Reform
16 results total, viewing 11 - 16
(Updated, 5:34 p.m.) A Superior Court judge ordered state and public employee union representatives back into mediation on Monday after 61 percent of eligible police officers and retirees voted to reject the proposed settlement of the state’s pension lawsuit. more
Moody’s Investors Service issued a warning on April 17 regarding Rhode Island’s failure to reach a settlement with public employee unions over the state’s pension lawsuit, which will go trial on Sept. 15 following the breakdown in renewed mediation talks earlier this month. more
Court-ordered settlement talks between the state and Rhode Island public employees and retirees over cuts in pension benefits have broken down, sending the dispute to trial, both parties in the case said Friday. 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
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
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
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