Updated October 13 at 10:13pm
Pension Reform
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Over the last few weeks parties not involved in the negotiations or the voting on the proposed public-employee pension-change settlement have wanted the judicially imposed gag order on anyone involved in the deal-making lifted. While we … 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
Superior Court Judge Sarah Taft-Carter has entered a final judgment on the public employee pension settlement. 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
R.I. General Treasurer Seth Magaziner wants more stringent regulatory oversight of private equity investment expenses, saying the opacity of current standards puts Rhode Island in an unfavorable negotiating position. more
A Superior Court judge on Tuesday approved the state’s controversial pension reform settlement, passing it on to the General Assembly, which has final say. 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
(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
(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
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