Pension Reform

LET'S COMMUNICATE! WJAR-TV Anchor Frank Coletta and PBN Editor Mark S. Murphy, center left and right, spoke with Rhode Island governors about issues they have faced and continue to face and what is best to move the state forward. Foreground, from left, Govs. Donald L. Carcieri, Lincoln C. Almond, Gina M. Raimondo, Edward D. DiPrete. / PBN PHOTOS/ MICHAEL  SALERNO

Engagement key to state’s success

On the occasion of Providence Business News’ 30th anniversary, PBN invited Rhode Island’s six current and former governors to discuss Rhode Island’s economy and...
DIRE PREDICTION: Johnston Police Department Detective James Brady, president of the International Brotherhood of Police Officers Local 307 in Johnston, discusses the town's combined police and firefighter pension plan. He estimates that unabated, the plan could go bankrupt in eight years. / PBN PHOTO/MICHAEL SALERNO

R.I.’s reform of state worker pensions was only the tip of...

Editor’s note: This is the first of a four-part series exploring how well Rhode Island cities and towns are funding municipal pension and benefit...

R.I. Taxpayers disbands

PORTSMOUTH – R.I. Taxpayers is no longer. The association, which said it advocated for “honest, effective and fiscally sound government on behalf of individual and...

Magaziner: Financial market volatility contributed to 0.28% state pension investment loss

(Updated, 4:48 p.m.) PROVIDENCE – Pointing to the currency crisis in Europe and China’s economic slowdown, Rhode Island’s general treasurer says volatility in the financial...
R.I. GENERAL Treasurer Seth Magaziner wants more stringent regulatory oversight of private equity investment expenses, saying the opacity of current standards puts Rhode Island in an unfavorable negotiating position.  / PBN FILE PHOTO

Magaziner wants more oversight of private equity investment expenses

PROVIDENCE – R.I. General Treasurer Seth Magaziner wants more stringent regulatory oversight of private equity investment expenses, saying the opacity of current standards puts...
SUPERIOR COURT JUDGE SARAH TAFT-CARTER has entered a final judgment in the pension settlement case, effectively ending legal challenges to the 2011 pension overhaul. / COURTESY R.I. JUDICIARY/CRAIG N. BERKE

Taft-Carter enters final judgment in pension case

PROVIDENCE – Superior Court Judge Sarah Taft-Carter has entered a final judgment on the public employee pension settlement. The judgment, issued Wednesday, states that “this...
SUPERIOR COURT JUDGE SARAH TAFT-CARTER has approved the settlement of the combined lawsuits over the state's pension reform efforts, saying that the agreement "is fair, reasonable and adequate." The settlement now moves on the General Assembly for approval. / COURTESY R.I. JUDICIARY/CRAIG N. BERKE

Taft-Carter approves pension settlement, sends to G.A.

PROVIDENCE – A Superior Court judge on Tuesday approved the state’s controversial pension reform settlement, passing it on to the General Assembly, which has...

Williams appointed mediator in 38 Studios case

(Updated 2:27 p.m.) PROVIDENCE – Retired Supreme Court Chief Justice Frank J. Williams has been appointed mediator in the 38 Studios litigation.Williams, who most...
SUPERIOR COURT Associate Justice Sarah Taft-Carter has given preliminary approval to the proposed settlement of the so-called state pension reform cases. / COURTESY R.I. JUDICIARY/CRAIG N. BERKE

Judge gives preliminary approval to pension settlement

PROVIDENCE – Superior Court Associate Justice Sarah Taft-Carter has given preliminary approval to the proposed settlement of the so-called state pension reform cases. However, final...
GOV. GINA M. RAIMONDO previously has said that the pension settlement preserves more than 90 percent of savings to taxpayers.  / PBN FILE PHOTO/MICHAEL SALERNO

Pension settlement details revealed

PROVIDENCE – Pension settlement agreement details were released today, after weeks of a court-imposed gag order kept the specifics of the agreement largely...
- Featured Event -

Latest News

For a limited time, Providence Business News is offering free access to all its online content. See what you have been missing on PBN.com, including news, in-depth reporting, commentary, lists and more.