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 retiree health care were cause for “serious concern.” Although the state consistently paid its full annual pension contribution between 2005 and 2010, in 2010 the system was 49 percent funded and…

Want More?

Register or subscribe with
Providence Business News to continue reading.

Register Now

Subscribe for $1

Already registered? Login to access more articles.

*Registered users get access to a limited number of free articles every month.

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -