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State Retirement Board Takes Up Pension Settlement

Published
The proposed settlement of Rhode Island’s pension conflict is slated for discussion Wednesday by the state retirement board. An agenda for the meeting...

The proposed settlement of Rhode Island’s pension conflict is slated for discussion Wednesday by the state retirement board.

An agenda for the meeting indicates the Employees Retirement System may discuss the pension issue during a closed executive session.

A settlement to end most of the court challenges to the 2011 overhaul of the state pension system was unveiled last Thursday. Governor Gina Raimondo says the deal preserves more than 90 percent of the savings from the 2011 overhaul.

The next court update on the settlement process is slated for Monday.

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State Retirement Board Takes Up Pension Settlement
State Retirement Board Takes Up Pension Settlement