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State Retirees Slated To Vote On Proposed Pension Settlement

Published
Retired public employees are slated to vote Monday on a proposed settlement to the state pension dispute. The voting is expected to take place starting...

Retired public employees are slated to vote Monday on a proposed settlement to the state pension dispute. The voting is expected to take place starting at 10 at the Twin River event center.

The retirees are just one in a series of union groups that need to approve the settlement. At least some active workers face a deadline of voting on the deal by Friday.

The process for approving or rejecting the settlement is shrouded in secrecy. That’s because a judge imposed a gag order preventing parties in the case from talking about it.

Hanging in the balance is $4 billion in savings from a 2011 overhaul of the pension system. If retirees and active workers reject the settlement, a legal challenge to the pension overhaul is slated to start April 20th in Superior Court.

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State Retirees Slated To Vote On Proposed Pension Settlement
State Retirees Slated To Vote On Proposed Pension Settlement