Union members, retirees learn about pension settlement - News, Weather and Classifieds for Southern New England

Union members, retirees learn about pension settlement

Posted: Updated:

Rhode Island's proposed pension settlement is getting the once-over from the public.

The first in a series of informational sessions about the settlement was held Wednesday evening at the Cranston Portuguese Club. About 300 union members and retirees attended.

Additional meetings will be held across the state over the coming weeks.

The settlement would put an end to legal challenges over pension reform.

The deal would roll back some of the law's changes and give retirees modest pension increases. It would increase annual government pension costs, beginning with $24 million more in fiscal year 2016.

The settlement must be approved by unions, retirees and state lawmakers.

Powered by WorldNow

23 Kenney Drive
Cranston, R.I., 02920

Telephone: 401.455.9100
Fax: 401.455.9140
Email: news@wjar.com

Can't find something?

NBC 10 Outerwear Provided by:

NBC 10 Media Relations
Provided by:

Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.