R.I. behind on funding post-employment benefits, but better than rest of region

Chris Bergenheim

12/04/2018

RHODE ISLAND HAS funded 16.5 percent of its other post-employment benefit liabilities, ranking No. 13 in the country. / COURTESY S&P GLOBAL RATINGS

PROVIDENCE – Rhode Island’s “other post-employment benefit liabilities,” which typically consist of retiree health plans, are only 16.5 percent funded, according to S&P Global Ratings Tuesday, which noted that Rhode Island is hardly alone in such a predicament. The report found that of states with OPEB liabilities, only six states had OPEB liability funding greater…