WPRO News and the Associated Press
PROVIDENCE, R.I. (AP) – State senators are learning more about the deal that would resolve years of legal wrangling over Rhode Island’s landmark public pension system overhaul before they’re asked to vote on the settlement terms.
The governor’s office, treasurer’s office and attorneys for both sides held a briefing for the Senate Thursday.
Senate President Teresa Paiva Weed says she expects a bill to be introduced before Tuesday. She says she can’t say whether it’ll face opposition – 10 senators weren’t in office when the pension overhaul was approved in 2011.
A bill hasn’t been introduced in the House.
The state has struck a deal with most of the public sector unions and retirees suing over higher retirement ages and cuts to cost-of-living increases.
