Tag: Unfunded Liabilities
Elorza money-for-water pension fix should sink
Some ideas won’t die, no matter how bad they are.
Two years ago Mayor Jorge O. Elorza floated a plan to create a new state-supported...
R.I. behind on funding post-employment benefits, but better than rest of...
PROVIDENCE – Rhode Island’s “other post-employment benefit liabilities,” which typically consist of retiree health plans, are only 16.5 percent funded, still the highest in...
R.I. behind on funding post-employment benefits, but better than rest of...
PROVIDENCE – Rhode Island’s “other post-employment benefit liabilities,” which typically consist of retiree health plans, are only 16.5 percent funded, according to S&P Global...
Report: R.I. pensions carry $2.4B in unfunded liability
PROVIDENCE – General Treasurer Seth Magaziner released the report of the Advisory Council for locally administered pension plans last week, and included a new...
City budget still doesn’t face reality
The highlights for the fiscal 2018 budget for Providence, at least according to City Council, include no tax increase and the inclusion of a...
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