Tag: Pension
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...
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...
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...
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...
Five Questions With Melissa Malone
Melissa Malone | Chief operating officer, Providence
1. You have an extensive background in government finance. How does that translate to your current position? My...
Can water ease Providence’s pension woes?
Is water part of the answer to the fiscal woes of Providence?
Legislation introduced this month in the General Assembly proposes creating a statewide water...