Tag: Retirees
General treasurer urges caution on modest state pension adjustments
It didn’t take long for R.I. General Treasurer James Diossa to wave a cautionary flag on lawmakers’ proposed changes to the state pension system.
Less...
Report: Providence-Warwick metro area 13th best place for seniors to retire
PROVIDENCE – The Providence-Warwick area was ranked the 13th best metro area in the nation for seniors to retire, according to a report by...
Webster Bank offers new retiree reimbursement option through HSA Bank
PROVIDENCE – Webster Bank will now offer an alternative to defined benefit contribution plans aimed at helping retirees offset health care costs in retirement,...
Fidelity: Retirement health care costs hit record high
PROVIDENCE – Health care in retirement is more expensive than ever, according to Fidelity Investments Inc.’s annual Retiree Health Care Cost Estimate published on...
Was the R.I. Supreme Court right to side with Cranston in...
Nearly three years after R.I. Superior Court ruled in favor of Cranston in its bid to sharply curtailed cost-of-living adjustments for police and firefighter...
City, retirees projected to save $700K by switching drug plan to...
FALL RIVER – The city and its retirees are projected to save approximately $700,000 over the next two years by switching a drug insurance...
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...
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