More than a thousand public-sector workers and retirees rallied Tuesday at the Rhode Island Statehouse in opposition to a proposed overhaul of the state's vastly underfunded pension system.
Rhode Island lawmakers are mulling changes big and small to a public pension overhaul proposal after hearing from hundreds of Rhode Islanders during 30 hours of hearings on the legislation.
In 10 months in office, Gov. Lincoln Chafee has managed to anger an impressive assortment of constituencies: business leaders and organized labor, medical marijuana advocates and critics of illegal immigration.
Rhode Island public workers and retirees pushed back against a major public pension overhaul proposal Wednesday, urging lawmakers to slow down their deliberations to ensure any changes are fair.
Hundreds of Rhode Island firefighters and other public workers lined Statehouse hallways Tuesday as state leaders unveiled an ambitious and politically charged proposal to overhaul the state's hemorrhaging retirement system.
The architects of Rhode Island's pension overhaul plan said Friday their proposal won't reduce benefits that public workers have already earned, but stressed the need for a "one-time" comprehensive fix rather than piecemeal changes.
Some Rhode Island lawmakers predicted Wednesday that plans to overhaul the public retirement system will set off long, expensive legal battles with public worker unions.
In five years, the cost to taxpayers for Rhode Island's public retirement system will more than double if nothing is done to curb runaway pension costs.
Rhode Island lawmakers waded into state government's most dizzying fiscal problem Monday ahead of a special legislative session dedicated to addressing the rising costs of public pensions.