Updated May 5 at 10:05am
Pension Reform
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Superior Court Associate Justice Sarah Taft-Carter has given preliminary approval to the proposed settlement of the so-called state pension reform cases. more
Pension settlement agreement details were released today, after weeks of a court-imposed gag order kept the specifics of the agreement largely secret. more
(Updated 6:15 p.m. and 8:25 a.m.) Gov. Gina M. Raimondo on Thursday said a settlement agreement has been approved by a majority of public-employee groups that had challenged Rhode Island’s overhaul of state pensions, presenting a potential end to litigation that has shadowed the state for six years. more
A slew of lawyers representing parties involved with the state’s convoluted pension lawsuit pleaded their cases before Associate Justice Sarah Taft-Carter in Superior Court Thursday morning, which she’s slated to rule on at a future time. more
Rhode Island public-sector retirees approved a proposed settlement that would end their lawsuit against the state’s 2011 pension overall, according to WPRI.com. more
(Updated 3:45 p.m. and 10:15 a.m.) PROVIDENCE – The pension reform lawsuit will go to trial April 20, the state Supreme Court ordered Thursday, rejecting an appeal from public employee groups which had sought a nine-month delay. more
The state Employees Retirement System fund increased by $817 million in fiscal 2014 to $8.5 billion, Auditor General Dennis E. Hoyle reported this week. more
(Updated, 5:40 p.m.) Gov. Lincoln D. Chafee said he is pleased with Judge Sarah Taft-Carter’s decision to grant the state’s request for a jury trial in the pension cases. more
Moody’s Investors Service upgraded Rhode Island’s credit outlook from negative to stable while maintaining an Aa2 bond rating, the agency announced Monday. more
R.I. General Treasurer Gina M. Raimondo, who helped push through changes to the struggling employee retirement system, won the Democratic nomination to run for governor of the nation’s smallest state in November. more