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NEW: Mediation Ordered in State Pension Reform Lawsuit

Tuesday, December 18, 2012

 

The state and several organized labor unions will head to the bargaining table after all.

Superior Court Judge Sarah Taft-Carter today ordered both sides into mediation to reach an agreement regarding the lawsuit filed by several labor unions that seeks to overturn the state’s landmark pension reform law.

Governor Lincoln Chafee was among several politicians who called for negotiations earlier this month, but General Treasurer Gina Raimondo –the key architect behind the law— said she wanted to let the process play out in court. On Tuesday, Raimondo said the state is willing to negotiate in good faith.

"I have great respect for the judicial system and it is important to let this process unfold in an orderly and transparent way,” she said. “We owe that to the people of Rhode Island and to our public employees.”

Raimondo continued: “We continue to believe the state has a very strong case and a terrific legal team. As I have consistently said, we will participate in court-ordered mediation in good faith."
 

 

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Comments:

i meant we should end defined BENEFIT...sorry if i confused any one

Comment #1 by michael riley on 2012 12 18

Mediation would be a disaster.The States /Tresury Effort was the right thing to do and the bare minimum. We have this problem because too many people refused to act and put blinders on for a very long time.Ending Defined Contribution and replacing it with sensible retirement plans should be the goal of every town and state in this country because its not right to treat government workers as an elite class entitled to Guaranteed retirement. Why should we hire a municipal worker tomorrow and guarantee them a retirement? How many of the rest of us have that? Social Security doesnt guarantee 70 % of your best 3 years earnings . Why should taxpayers in Rhode Island guarantee muni and state workers a percentage of salary?

Comment #2 by michael riley on 2012 12 18

Chafee is going to sell us down the river.

Comment #3 by Michael Trenn on 2012 12 19




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