Pension Reform
16 results total, viewing 11 - 16
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
Fitch Ratings affirmed its “AA” rating and stable outlook on Rhode Island in light of last week’s announcement that a settlement reached between the state and public employee unions on pension reform would increase Rhode Island’s unfunded pension liability by $232 million. more
(Updated, Feb. 14, 2:34 p.m.) The State Retirement Board on Friday voted to approve a proposed settlement of the state pension reform lawsuits, according to the R.I. Department of Administration. 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
Superior Court Judge Sarah Taft-Carter made the correct choice when she ruled last week that a jury should decide on the legality of a number of changes made to state employee pension plans. more
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