For R.I.’s economic health, it’s time for pension reform, part II

PBN Staff

03/31/2017

ONCE MORE UNTO THE BREACH: Gov. Gina M. Raimondo's landmark 2011 state-worker pension reform needs some serious tweaking to make sure it stays on course. / PBN FILE PHOTO/ MICHAEL SALERNO

Despite the landmark state-worker pension reform legislation of 2011, which Gov. Gina M. Raimondo spearheaded while general treasurer, the system is facing yet another moment of reckoning. The 2011 reform made a number of significant changes to the pension system, including suspending cost-of-living increases and adding a defined-contribution plan. At about the same time the

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