Updated May 29 at 5:29pm
Pension Reform
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(Updated 2:27 p.m.) Retired Supreme Court Chief Justice Frank J. Williams has been appointed mediator in the 38 Studios litigation. more
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
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