PROVIDENCE, R.I. (AP) — A fight over public pensions in Rhode Island is about to come to a head in the Legislature, with lawmakers scheduled to vote Thursday on a landmark overhaul that has angered public-sector workers in this tiny and economically troubled state.
And public employee unions have vowed that if they don't get their way, they are determined to make sure the courts have the last word.
The results could have big implications for other states grappling with their own runaway public retirement costs. Supporters and opponents of Rhode Island's proposed remedy say it's as far-reaching as any attempt launched around the country.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.