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City again eyes water-system lease

As the saying goes, if at first you don’t succeed – try, try again. That’s what Providence Mayor Jorge O. Elorza is doing with...

Retirees thought GE would take care of them forever. It didn’t

NEW YORK – Back in 1971, when he went to work at a General Electric Co. plant in upstate New York, John Phelps probably...

Can a onetime garbageman who served on the state’s highest court...

A onetime garbageman who became an attorney and member of Rhode Island’s highest court, Robert G. Flanders Jr. has called himself the “embodiment of...

Calling it a career

Are you or any of your employees slated to retire within the next five years? Yes: 100% No: 0%How many of your employees are enrolled in...
PROBLEM AREA: The structural problems at Rogers High School in Newport are evident in the water-infiltration damage, which has affected both the interior and exterior of the building, which was completed in 1958. Jeff Watts, the school’s plant engineer, looks at one of the affected areas outside. / PBN PHOTO/MICHAEL SALERNO

Paying for badly needed school upgrades now will limit future borrowing....

Trinity Briceno, a senior at Cranston East High School, didn’t attend school between December and April.She was hospitalized in November after students and teachers...
U.S. STATE PENSIONS improved overall for the first time since 2014, driven by global stock-market gains. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

Stock gains lift state pension funding for first time since 2014

NEW YORK - The health of United States state pension systems improved for the first time since 2014 because of global stock-market gains, according to...

Pension fund collapse looming

Warnings about looming public-pension disasters have regularly cropped up since the 1950s, pointing to problems 25 years or more down the line. To politicians...

Future of retirement brighter than ever

Over the holidays the Washington Post interrupted the good cheer to bring us “a preview of a U.S. without pensions.”Peter Whoriskey tells the story...
BUYOUTS: Gov. Gina M. Raimondo’s decision to offer about 1,000 public employees early-retirement buyouts has received criticism from former Gov. Lincoln D. Chafee, saying the buyouts could delay cost-of-living adjustments owed to retirees beginning in fiscal 2030-31. / PBN FILE PHOTO/
MICHAEL SALERNO

Chafee fears buyout plan would delay COLAs

In an attempt to find savings in what’s become a challenging budget year, the state is offering about 1,000 public employees early-retirement buyouts.The offer...
PBN PHOTO/MICHAEL SALERNO

Five Questions With Melissa Malone

Melissa Malone | Chief operating officer, Providence1. You have an extensive background in government finance. How does that translate to your current position? My...
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