Post Tagged with: "Underfunded"

Providence Pension Working Group Co-Chaired by Providence Foundation, Greater Providence Chamber of Commerce, RIPEC Submits Report to City of Providence

Report follows six months of public meetings and presentations hosted by the Pension Working Group From The City of Providence: Mayor Jorge Elorza and the Providence City Council today received a detailed report from the Providence Pension Working Group, outlining the group’s findings, including a series of recommendations for how[Read More…]

by January 31, 2022

Gov Raimondo Sets Limits To State Response To Heightening RI Municipal Pension Crisis

Rhode Island Governor Gina Raimondo, responding to The Coalition Radio’s Pat Ford, discusses the implications of the recently released 2020 Report of the Advisory Council for Locally Administered Pension Plans. With Municipal Pension Plans, in one case, exceeding 1 Billion Dollars in unfunded liabilities, (Calculation Pre Covid Market Disruptions) in[Read More…]

by June 28, 2020