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Message: From GoLocalProv by Michael G. Riley, GoLocalProv MINDSETTER™: Governor Chafee’s Municipal Pension Study Commission has failed. Reflecting the incrementalist behavior of our governor, this committee has asked the bare minimum of cities and towns, let slide various deadlines, and acted more like a cheerleader than disciplinarian. We are most emphatically in crisis, and this issue of local pension and OPEB debt hangs like the Sword of Damocles over all municipal spending and funding decisions in this state. Even after reform on the state pension system, the state of Rhode Island has crawled from the second-worst funded state to 11th. The state has now barely lifted its head above the “critical status” threshold of 60% funded. But cities and towns are a different story. The municipal commission laughably gives 20 years for the cities to reach this level of funding and the cities indicate they are very unlikely to do even that. http://www.golocalprov.comhttp://beta.golocalprov.com/michael-riley-the-municipal-pension-study-commission-is-a-failure