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…

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