Pension Reform

Warwick City Council approves union contracts

WARWICK – Monday evening, the Warwick City Council unanimously approved three contracts with the city’s municipal employee, police and firefighters’ unions.Prior to the...

Warwick reaches agreement with Fire, Police

WARWICK – The city of Warwick has reached new, three-year contracts with the city’s fire and police unions, Mayor Scott Avedisian announced Monday.The...
BROWN UNIVERSITY will use a $127.4 million bond sale to renovate downtown property after agreeing in May to almost double annual payments to the city. / COURTESY BROWN UNIVERSITY

Brown to benefit from $127M bond sale

NEW YORK - Brown University will use a $127.4 million bond sale to renovate downtown property after agreeing in May to almost double annual...
LEADERS OF the largest  U.S. union of public-sector workers are vowing to fight efforts by state and local governments to balance their budgets with cuts to employee benefits even as voters have sided with that strategy. Above: Angel Taveras, mayor of Providence, center, signs an ordinance to overhaul the city's pension system and reduce its cost. / BLOOMBERG FILE PHOTO

Public sector workers digging in to save pensions under assault

WASHINGTON - Leaders of the largest U.S. union of public-sector workers are vowing to fight efforts by state and local governments to balance their...

Report: R.I.’s pensions, retiree benefits cause for ‘serious concern’

WASHINGTON – According to the Pew Center report - “The Widening Gap Update” – Rhode Island’s management of its long-term liabilities for pensions and...
THE HOUSE Finance Committee unveiled and then approved an $8.1 billion fiscal 2013 state budget late Thursday night, which scraps controversial meals, hotel and sales tax expansions  / COURTESY JACK NEWTON, VIA FLICKR/ CREATIVE COMMONS

House Finance Committee approves $8.1B 2013 budget

PROVIDENCE – The R.I. House Finance Committee unveiled and then approved an $8.1 billion fiscal 2013 state budget late Thursday night, which scraps controversial...
ANGEL TAVERAS speaks about his first year as Mayor of Providence, Rhode Island, January 23, 2012. / PBN FILE PHOTO/FRANK MULLIN

Providence breaks $700,000 pension link joining nationwide insolvency fight

BOSTON - It has been more than 20 years since Gilbert McLaughlin ran the fire department in Providence. Yet the former chief stands to...

Warwick pensions labeled ‘critical’

WARWICK – City actuaries have labeled Warwick’s Police and Fire I pension plan as “critical,” according to a letter circulated by Warwick Ward 4...

Providence is one of first in U.S. to cut pensions

BOSTON - Providence will halt cost-of-living increases for retirees among steps to overhaul a $422.8 million pension system and avoid becoming the state’s second...
PROVIDENCE MAYOR Angel Taveras called for unity in moving forward to help the city recover from its economic crisis in presenting the fiscal year 2013 budget Monday evening. / PBN FILE PHOTO/FRANK MULLIN

Taveras pushes Pension Protection Plan

PROVIDENCE - Mayor Angel Taveras called for unity in moving forward to help the city recover from its economic crisis in presenting the fiscal...
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