Updated December 7 at 5:07pm
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42 results total, viewing 1 - 10
In Rhode Island, once a mail ballot is sealed and signed by either two witnesses or a notary public, anyone can pick it up and return it to the local elections office. That could be a sibling, a spouse, a child, or a campaign worker or … more
New overtime pay requirements take effect Dec. 1, and though they were announced in May by the U.S. Department of Labor, there's still plenty of confusion among local employers about how to apply the changes. According to the agency, … more
Rhode Island business leaders are eager to find out how President-elect Donald J. Trump's pro-business, anti-immigration campaign rhetoric will translate into actionable policies. "On the positive side, anything related to infrastructure or … more
The expansion of casinos across New England is good for state revenue, but not for people who have addictions to gambling. How much of a problem will this disorder become? A Providence College professor argues that the casinos scheduled to … more
A semiannual "State of the States" report released in October by Conning, a Hartford, Conn.-based investment management firm, ranked Rhode Island 41st, tied with New York, among the 50 states in terms of municipal credit health – a slip of four … more
Providence voters this year will see Question No. 8 on their Election Day ballot, asking them to consider a $40 million infrastructure bond. Regardless of the vote, however, city politics appears to have already dashed any hopes of selling the bond, … more
Rhode Island’s $7.7 billion pension fund terminated investments in seven hedge funds, including Brevan Howard Asset Management and Och-Ziff Capital Management Group LLC, after voting last month to cut its allocation in half over two years. more
A change in accounting standards that will require governments to start disclosing the amount of unfunded pension and retiree benefits on yearly balance sheets could put new pressure on public officials to step up payments on these plans, according to speakers at a conference organized by Donoghue Barrett & Singal P.C. and the Rhode Island League of Cities and Towns. more
Nationwide, a new report says that state public employee pension plans are underfunded by nearly $5.6 trillion. At $18.6 billion, Rhode Island’s unfunded liability is one of the smallest among the 50 states, thanks to its size and fewer employed workers. more
For those thinking that the finalized reforms to the state-worker pension system took care of all its issues, think again. The outstanding problem is the fund's assumed rate of return. At the moment it is 7.5 percent. And with the reforms, … more
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