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Wednesday, December 19, 2018
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Tag: Unfunded Liabilities

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...
RHODE ISLAND HAS funded 16.5 percent of its other post-employment benefit liabilities, ranking No. 13 in the country. / COURTESY S&P GLOBAL RATINGS

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...
R.I. GENERAL TREASURER SETH MAGAZINER and the Advosry Council on Locally Administered Pension Plans have released their annual report on state pension plans. / PBN FILE PHOTO/ MICHAEL SALERNO

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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