68.3 F
Providence
Tuesday, September 25, 2018
Home Hot Topics Pension Reform

Pension Reform

Legacy of Gov. Chafee lives on

Give praise when and where it’s due, so a hearty job well-done should go out to Gov. Lincoln D. Chafee based on the most...
LOOKING TO MAKE A CHANGE: Cranston Mayor and gubernatorial candidate Allan W. Fung is looking to reverse the outcome of the election four years ago, when he lost to Gina M. Raimondo for the top Rhode Island office. / PBN FILE PHOTO/RUPERT WHITELEY

Fung’s back! Do voters share his despair over the state’s direction?

Allan W. Fung, the nine-year mayor of Cranston, has launched a second campaign for governor, once again targeting now-incumbent Gina M. Raimondo, and pointing...

Fiscal issues still dogging Providence

With a small but significant upgrade to Providence’s bond rating, Moody’s Investors Services Inc. has given the city a positive shot in the arm.Crediting...
THE R.I. SUPREME COURT has denied appeals to the state pension class action settlement made in 2015. Both appeals were in cases against Gov. Gina M. Raimondo, in her capacity as governor of Rhode Island. / PBN FILE PHOTO/RUPERT WHITELEY

R.I. Supreme Court denies appeals on state pension settlement

PROVIDENCE – The R.I. Supreme Court denied the appeals against the state pension class action settlement made in 2015 on Friday, affirming the judgement...

How public pensions can start healing

Public pension funds need help. Rather than offer specific investment recommendations, I am going to make some suggestions to help them think about what...
Investigative/Enterprise Reporting

PBN takes top honors in New England for general excellence and...

BOSTON – Providence Business News was awarded first place for general excellence as well as best overall website for a specialty publication on Saturday...
R.I. AUDITOR GENERAL Dennis E. Hoyle released a report Friday that found the state worker pension plans had strong investment returns in fiscal 2017 but have fallen further behind their contractual payout obligations in the last three years. /PBN FILE PHOTO/MICHAEL SALERNO

State worker pension system had strong returns in ’17 but liability...

PROVIDENCE – Despite growing $686 million in fiscal 2017, the financial health of the state’s retirement system by some measures has declined in recent...
A FOUR-PART SERIES by PBN staff writers Mary MacDonald and Eli Sherman took one of three first-place awards that Providence Business News scored at the annual Alliance of Area Business Publishers editorial excellence competition.

PBN takes 3 first-place awards in annual business pub journalism competition

DALLAS – Providence Business News earned top honors in three categories in the 2017 Alliance of Area Business Publishers editorial excellence awards program, held...

City budget still doesn’t face reality

The highlights for the fiscal 2018 budget for Providence, at least according to City Council, include no tax increase and the inclusion of a...
STATE OFFICIALS are lowering the pension funds assumed rate of return to 7 percent from 7.5 percent. / PBN FILE GRAPHIC LISA LAGRECA

Rhode Island to lower pension fund return to 7 percent

PROVIDENCE – The R.I. Retirement Board on Monday approved a proposal to lower market-return expectation for the state’s $7.9 billion pension fund.The board voted...
- Featured Event -

Latest News

PROVIDENCE BUSINESS NEWS has named 52 honorees in its 2018 Best Places To Work competition.

PROVIDENCE BUSINESS NEWS:

52 OF THE BEST PLACES TO WORK IN RHODE ISLAND!

Sign up for any of our free daily, weekly or industry specific

e-newsletters and get the FREE download...